Behind the Markets Podcast · Friday, October 30, 2026
Sam Rines pointed to a strong Redbook reading of 9.3%, representing roughly 5.5% real spending growth, as evidence that consumers continue to spend in a meaningful way despite negative sentiment heading into the midterms.
“What are they actually doing with their pocketbook and their wallet? They're spending and they're spending in a real and meaningful way. there, that's still 5.5% real spending growth. That's meaningful.”