Mike Hosking
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Appearances Over Time
Podcast Appearances
So we're sitting on an 80.
It's fallen 14.
That's a lot.
A hundred or more is positive.
We're far from positive.
If it helps, I'm positive.
Could I find stuff to be negative about?
Yes, I could.
We all could at any time, no matter what's going on.
But take spending.
Data out this week from last month, right?
It was up, and it was up a lot.
Durables were up.
Durables are things like sofas and fridges.
Why would you buy a sofa if you're miserable?
And yet we did.
Oil this week is down a lot.
That money will go into cafe lunches and movie tickets.
Things are getting better.
I think it's a fear the worst mentality that we suffer from.