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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Resilient? People just like buying stuff. They get a high from it creating the need to buy and buy.
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!
Life needs to be simple. Don’t buy stuff you don’t really need.
Amazon Kindle even with Prime Day discount is ridiculously expensive, >$150.
The purchase of bulk snack bag chips is in preparation of back to school and extra curricular activities like sports.
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
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.
People so easily conned into buying craps on these special "prime days" that they don’t need. Most items have inflated pre-sale prices.
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?
Thank you Joe Biden!
I spent over $800.00 on Amazon Prime day, THANK YOU AMAZON!!! <3
Ill wait to shop hard by black friday. That month will be the month of corporate retail crash ! Hahaha
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..
Let’s go Brandon!
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.
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.
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.