Hot inflation and recession fears are squeezing consumer spending habits

Hot inflation and recession fears are squeezing consumer spending habits

#inflation #recession #economy
ICSC CEO Tom McGee highlights inflation’s influence on consumers’ spending habits, Amazon Prime Day, online retail sales, and executive departures from retail companies.
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17 Comments

  1. subaru4me on August 7, 2022 at 1:30 am

    Resilient? People just like buying stuff. They get a high from it creating the need to buy and buy.

  2. Red Pill Renaissance on August 7, 2022 at 1:31 am

    Jamie Dimon himself is saying to get ready for severe pain! Don’t fight the Fed on the way up while they print at 0% interest rates for 14 years! Don’t fight the Fed while they tighten and cause stocks and housing to drop. Don’t worry, sooner or later the Fed will pivot and drop back to 0% and print trillions upon trillions of QE to infinity for another 20 years! Imagine the hyperinflation and bubbles the Fed will cause then! Bye bye dollar! End the Fed! This is ridiculous that America let’s the Fed control their currency and markets! Time to wake up zombies that are still asleep! It is good seeing more people understanding the Fed central bank hijacking of America!

  3. Hlly99 on August 7, 2022 at 1:32 am

    Life needs to be simple. Don’t buy stuff you don’t really need.

  4. superblonde on August 7, 2022 at 1:38 am

    Amazon Kindle even with Prime Day discount is ridiculously expensive, >$150.

  5. Les Momo on August 7, 2022 at 1:39 am

    The purchase of bulk snack bag chips is in preparation of back to school and extra curricular activities like sports.

  6. Happy Life on August 7, 2022 at 1:41 am

    Jeez people. I don’t even have an Amazon prime member ship. I am okay waiting on things to arrive more than 2 days. I am too damn cheap to subscribe to any member ship. Lol

  7. jimmyhumming on August 7, 2022 at 1:42 am

    It is not a rocket science. The Fed should pause after the next interest rate hike and let the recent hikes work their way through the market.

  8. V Sohn on August 7, 2022 at 1:42 am

    People so easily conned into buying craps on these special "prime days" that they don’t need. Most items have inflated pre-sale prices.

  9. Simon Ručigaj on August 7, 2022 at 1:45 am

    The markets remain unpredictable, i startled at how some investors made millions from this downtown economy. I was wondering if such success rate could be achieved in this present market?

  10. M G on August 7, 2022 at 1:45 am

    Thank you Joe Biden!

  11. ether150 on August 7, 2022 at 1:50 am

    I spent over $800.00 on Amazon Prime day, THANK YOU AMAZON!!! <3

  12. koukimonzta on August 7, 2022 at 1:51 am

    Ill wait to shop hard by black friday. That month will be the month of corporate retail crash ! Hahaha

  13. Kathy Andersen on August 7, 2022 at 1:57 am

    Older folks are not doing well lower. Income people are not doing well.we run low on food at end of. Month.we cant buy what we want..

  14. Andr P on August 7, 2022 at 2:06 am

    Let’s go Brandon!

  15. Nato Emmanuel on August 7, 2022 at 2:15 am

    Yes Amazon will make millions when other hand consumers just seeing money removing on the account for amazon prime when order an item on amazon wirhout consumers using form of prime.

  16. praveen ram on August 7, 2022 at 2:18 am

    Amazon is more of a logistics with just a warehouse, as now the fuels prices are down they can easily sell more stuff and people buying all types stuff is which it refers to unwanted stuff is because of the fear of growing inflation and supply disruptions.

  17. Quinn H on August 7, 2022 at 2:20 am

    The chips were probably parents trying to feed their kids and have them homemade lunches for school starting next month. Buying in store is expensive af for a 12 pack bag of chips.

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