Mike's Minute: I'm confident for 2026
It probably came out on the wrong day to get the coverage it deserved, but one of the last pieces in the economic turnaround told us we are basically there.
Consumer confidence is back, up six points to 98. It needs to be 100 or more for expansion, but it’s the highest figure since June and backs the business confidence, which last week was up a lot.
Business comes first because they see the turnaround on sales. The spending numbers back that up because they are pretty real time and then you get confidence as a follow up, given although we are spending, some may not want to admit it may still…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.