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Affluent Consumers Drive Growth as Tariffs Threaten Retail Stability

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Manage episode 514074436 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jharonne Martis discusses the state of the consumer and how the affluent consumer is driving growth in the retail space while the middle and lower classes are being squeezed. Even with weakness in discretionary spending, Jharonne highlights winners in stocks like Walmart (WMT), Amazon (AMZN), and Costco (COST) as consumers seek to spend less. Despite this, she warns that tariffs are likely to cost global businesses $1.2 trillion.

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8116 episodes

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Manage episode 514074436 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Jharonne Martis discusses the state of the consumer and how the affluent consumer is driving growth in the retail space while the middle and lower classes are being squeezed. Even with weakness in discretionary spending, Jharonne highlights winners in stocks like Walmart (WMT), Amazon (AMZN), and Costco (COST) as consumers seek to spend less. Despite this, she warns that tariffs are likely to cost global businesses $1.2 trillion.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about

  continue reading

8116 episodes

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