Consumer Confidence Is in the Toilet

84.5

The Conference Board Consumer Confidence Index® fell by 9.7 points in January to 84.5 (1985=100), from an upwardly revised 94.2 in December. A 5.1-point upward revision to December’s reading of the Index resulted in a slight increase last month, reversing the initially reported decline. However, January’s preliminary results showed confidence resumed declining after a one-month uptick. The Present Situation Index—based on consumers’ assessment of current business and labor market conditions—dropped by 9.9 points to 113.7 in January. The Expectations Index—based on consumers’ short-term outlook for income, business, and labor market conditions—fell by 9.5 points to 65.1, well below the threshold of 80 that usually signals a recession ahead. The cutoff for preliminary results was January 16, 2026.

Most Venezuelans Want Machado to Govern

51.6%

A new AtlasIntel poll finds a majority of Venezuelans want María Corina Machado to lead their country, contradicting Donald Trump’s claim that the opposition leader doesn’t have the support to rule. More than half of Venezuelans living in their homeland — 51.6% — say Machado should take over, compared with 14% who endorse Delcy Rodríguez, who assumed the presidency this month following Trump’s military intervention.