Nik Nanos, Chief Data Scientist at Nanos Research, dives into the intriguing concept of a "vibecession"—a term coined by Finance Minister Chrystia Freeland to describe fluctuating economic sentiments. He discusses how the recent U.S. elections impact consumer confidence in Canada, revealing a disconnect between economic indicators and public perception. Nik also sheds light on the psychological effects of economic rhetoric, the uncertainty caused by potential U.S. tariffs, and the importance of negotiation in alleviating trade tensions.