Consumer spending falls in September after 7 straight months of gains: CNBC/NRF Retail Monitor

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  • Опубліковано 10 жов 2024
  • CNBC's Steve Liesman joins 'Squawk Box' with the latest results of the CNBC NRF Retail Monitor.

КОМЕНТАРІ • 42

  • @Fancyman181
    @Fancyman181 13 хвилин тому

    Could you imagine if everyone reduced their spending on junk and commercialism and saved money instead of

  • @F0XRunner
    @F0XRunner 26 хвилин тому +3

    People are broke. Companies already have all the money.

  • @stacyswain4743
    @stacyswain4743 2 години тому +4

    Maybe they’re saving money, something that’s never encouraged. Save your money folks corporations are thriving and want you broke.

  • @stevemelton4388
    @stevemelton4388 Годину тому +1

    People don’t have money even with 254,000 new jobs created in September 2024!

    • @csr2120
      @csr2120 49 хвилин тому

      Consumers were waiting for Amazon Prime Days in October.

  • @joshuaburns3167
    @joshuaburns3167 Годину тому +2

    The illegal immigrants stopped spending?

  • @michaelskyros8803
    @michaelskyros8803 3 години тому +4

    Simple answer is the kids are back in school and extraciriculars have started. Less time to spend money the first month of school.

  • @BaozhaiDongmei
    @BaozhaiDongmei 3 години тому +4

    Money doesn’t grow overnight, but with the right investments, it can grow exponentially over time

    • @ChengHao03
      @ChengHao03 3 години тому

      Time in the market is one of the biggest factors in growing wealth through investments

    • @Magdalena-u7l
      @Magdalena-u7l 3 години тому

      Thanks to my financial adviser, I’ve experienced the benefits of being in the market long enough to see substantial growth

    • @Friedrich-j3i
      @Friedrich-j3i 3 години тому

      Please educate me. I've come across this name before. Now I am interested. How can I reach her?

    • @Magdalena-u7l
      @Magdalena-u7l 3 години тому

      Nicole Anastasia Plumcan'tlee divulge much... Most likely, the internet should have her basic info, you can research if you like.,..

    • @Friedrich-j3i
      @Friedrich-j3i 3 години тому

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @clifftanch
    @clifftanch 2 години тому +1

    This is what’s confusing: The Fed went through a big rigmarole in 2022 to change its operating procedure and place more, not less, emphasis on current data. Now recalibration means less attention to current data?!
    The change in operating procedure was a massive own goal

  • @headspaceandtiming2114
    @headspaceandtiming2114 3 години тому +1

    Debt is the beast at the door. And everyone is in denial.

  • @me4g862
    @me4g862 2 години тому +1

    shut up joe and let others talk!!!!!

  • @2whitsbury
    @2whitsbury 3 години тому +4

    Joe would have preferred a different answer.

    • @incipidsigninsetup
      @incipidsigninsetup 2 години тому +1

      Joe talks and mumbles over anyone who doesn't share his worldview.

    • @danielhutchinson6604
      @danielhutchinson6604 Годину тому

      @@incipidsigninsetup He gets invited to visit the Rockefeller Ranch every Year.
      They do not allow non commercial comments from those attendees.

  • @jaym9846
    @jaym9846 3 години тому +3

    Market Makers will ignore it (until all are aboard the stock express).

  • @petelipson3769
    @petelipson3769 Годину тому

    If i took a drink of alcohol every time Joe interrupted someone, i would never be sober:(

  • @emmany5302
    @emmany5302 3 години тому +5

    Have the consumers maxed out their credit cards?

  • @clifftanch
    @clifftanch 2 години тому

    Joe, you can answer your own question by noting that even though this Fed cuts, longer duration yields are rising, not falling.

  • @BORNGEARHEAD
    @BORNGEARHEAD 3 години тому +1

    The poors

  • @2023gainer
    @2023gainer 3 години тому +1

    Business Spending increasing.. VHAI..2 %.. Vocodia. Nikola.. NKLA..Add another dealership location, now 19. FREY 5 %.. ACHR 5 %. Archer Evtol Jets..Joby Evtol Jets..Blade Evtol Jets..Rivn..3 %.. Rivian..Xos Trucks...Hyln.. Hyliion..GOEV.. WKHS and more.

  • @staroftheshow0
    @staroftheshow0 2 години тому

    Don’t be surprised when the stock market crashes.

  • @ssuwandi3240
    @ssuwandi3240 2 години тому

    Amex outlook

  • @nicholaspark09
    @nicholaspark09 2 години тому

    Joe's question is not relevant to the discussion of consumer spending or its impact on the markets whatsoever. He's just an old man trying to support his political party at every turn. This channel would be so much better without him. He constantly interrupts great discussions with his rants.

    • @jordanslingluff287
      @jordanslingluff287 2 години тому

      So basically you are so politically bias you can't stand to hear anyone express theirs.....?

  • @danielhutchinson6604
    @danielhutchinson6604 Годину тому

    I heard Chase was doing something to cover Bad Credit Card Debt.
    The distribution of Credit after 2008 did lead to a spending spree.
    Is the additional Consumer Debt of $6 trillion what earned Bernanke his
    Prize in Economic Miracles?

  • @RashelYeva
    @RashelYeva 3 години тому

    !!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated

    • @ElizabethHansick
      @ElizabethHansick 3 години тому

      As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @ElizabethHansick
      @ElizabethHansick 3 години тому

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $100k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @RashelYeva
      @RashelYeva 3 години тому

      nice! once you hit a big milestone, the next comes easier. How can i reach her, if you don't mind me asking?

    • @DivaHarrison
      @DivaHarrison 3 години тому

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted based on thorough research and years of practical experience.

    • @ElizabethHansick
      @ElizabethHansick 3 години тому

      look up her name on the web for her website.