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Consumer Trends Shift: From Revenge Spending to Discerning Selection

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Manage episode 498711380 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.

Katie Thomas discusses the latest findings from the Carney Consumer Institute's Stress Index. Despite flat overall stress levels, Thomas notes that consumers are dynamically managing through multiple stressors, leading to a "stress resilient" or "just bored" mentality. This dynamic is driving a shift from "revenge spending" to "revenge selection." She points to the rise of "dupe culture" and "treasure hunting" experiences, such as those offered by value retailers like Aldi and Trader Joe's, as key drivers of this trend.

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7044 episodes

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Manage episode 498711380 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.

Katie Thomas discusses the latest findings from the Carney Consumer Institute's Stress Index. Despite flat overall stress levels, Thomas notes that consumers are dynamically managing through multiple stressors, leading to a "stress resilient" or "just bored" mentality. This dynamic is driving a shift from "revenge spending" to "revenge selection." She points to the rise of "dupe culture" and "treasure hunting" experiences, such as those offered by value retailers like Aldi and Trader Joe's, as key drivers of this trend.

======== 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

7044 episodes

Kaikki jaksot

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