The RCP/TIPP Economic Optimism Index fell -3.9% MoM to 51.9 in January after reaching a 40-month high of 54.0 in December. The index had been in negative territory since September 2021 until the election. Investor confidence fell -6.9% MoM to 56.9 as well, faster than the decline in non-investor confidence. A measure of financial stress also recorded by RCP/TIPP jumped 7.3% MoM to 64.7 indicating higher levels of consumer stress but still below the recent peak of 70.5 in October 2023.