Americans have a lot to feel confident about, so why are they feeling so nervous?

Midterm elections are widely expected to hinge on how Americans are feeling about their finances. So what’s the verdict?

They should be more financially satisfied than ever, at least according to one index that weighs people’s fiscal pain points against their financial pleasures. For the fifth quarter in a row, the typical American’s personal financial satisfaction is estimated to be at an all-time high, a report released this month by the American Institute of CPAs (AICPA) found.

AICPA calculates the “personal-financial satisfaction index” quarterly. The “pleasure” side of equation consists of stock-market performance, home equity per capita, job openings, and the AICPA’s own “outlook” index, which captures CPAs’ optimism about the economy.

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