Hello! This is Daniel de Visé with your Daily Money briefing.

Despite positive signs in the economy and personal finances, Americans appear to be feeling down.

The stock market has shown some recovery from last week’s downturn, which was prompted by a disappointing jobs report from July. Currently, the S&P 500 index stands 58% higher than before the pandemic, and total household wealth has nearly risen by 40%. The unemployment rate, at 4.3%, remains historically low, even though it did increase last month.

So, what’s causing consumer pessimism? Paul Davidson offers insights.

Disney announces exciting expansions

Disney has unveiled new plans for attractive “lands” and experiences at their theme parks during the D23: The Ultimate Disney Fan Event held in Anaheim, California, reports Eve Chen.

D23, Disney’s official fan club, hosts a biannual expo where fans gather to hear about new rides, upcoming films, and celebrate the Disney experience. This year’s event comes amidst a slight decline in theme park attendance.

If you think your grocery costs are steep, consider your car insurance expenses. According to Medora Lee, Bankrate estimates that the average national cost for full-coverage car insurance soared by 26% to $2,543 in 2024, an increase of $529 from the previous year. This hike is six times the rate of overall inflation and exceeds the price rise of any grocery item, including eggs, over the past three years, as per the insurance comparison site .

Analysts predict that this upward trend in car insurance prices is likely to continue as well.

Where is car insurance the most expensive?