“We just had a consumer confidence report just came out. It's up at a record number, a record increase, 7.5 percent.”

The Conference Board index rose 7.5 points (not percent) to 91.7, the highest since June 2026 but a rebound from September's decade-low of 84.2 (lowest since 2014); it is not a record high or record percentage increase, and remains on a long-term downward trend.