The Impact on Investing Through Consumer Activity With Kristen Gall
Given the recent rates of inflation, it makes sense to think that consumer spending is down. However, in many ways it’s quite the opposite. Kristen Gall, president of Rakuten (formerly Ebates), sits down with Liz to talk about what's she seen in consumer trends in the first few months of the year, what sectors in retail could see a downturn, and what "the great trade down" has to do with consumer spending. Lix offers her take on why “revenge spending” is still relevant, how choices about spending will change, and why the middle is what gets squeezed.
For more, read Liz’s weekly column every Thursday on SoFi’s blog at https://www.sofi.com/blog/category/investment-strategy/ or follow her on Twitter @LizYoungStrat