In this economy, we’re focusing on the little things
Marketplace
English - January 18, 2024 00:02 - 26 minutes - 11.8 MB - ★★★★★ - 7.7K ratingsBusiness Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Does your business need a loan? Banks aren’t your only option.
Next Episode: “Treasury is used to doing what Treasury wants to do”
Discretionary spending has had a good run recently, and the purchases aren’t skewing practical. Furniture retailers, for example, had a lousy 2023 — splurgy shoppers were more focused on Swift tickets than sofas. And looking to 2024, consumers plan to steer clear of big-ticket items and instead buy affordable luxuries like cosmetics. In this episode: Americans are in their “joy spending” era. Plus, financial planners are wary of the new spot bitcoin exchange-traded funds and everything seems to always be on sale.