The Impact on Investing Through Consumer Activity With Kristen Gall
Description
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 column every Thursday at On The Money by SoFi, sign up for the SoFi Daily Newsletter, and follow Liz on Twitter @LizThomasStrat.
This podcast should be used for informational purposes only and not deemed as a recommendation. Our Automated investing is via SoFi Wealth LLC, and is a registered investment advisor. Our Active investing is via SoFi securities LLC, member FINRA/SIPC. For additional disclosures related to the SoFi Invest® platforms, please visit www. SoFi.com/Legal.
©2024 Social Finance, Inc. All Rights Reserved.