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Westpac with the note.
Westpac Consumer Sentiment up 5.3% to 94.6.
Consumers now optimistic about outlook for economy and finances.
Responses over the week show a pull-back after the US election.
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Job loss fears drop to a 19-month low.
Consumers’ Christmas spending plans more ‘average’ than ‘austere’.
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Jobs, falling inflation, and rate cuts coming when the RBA bullhawks buckle.
CBA HSI still not doing much.
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.