Strategist reveals retail sales data indicating increasing inflation and higher costs for consumers

by | Sep 6, 2023 | Invest During Inflation | 9 comments

Strategist reveals retail sales data indicating increasing inflation and higher costs for consumers




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Retail sales rose in May, surprising economists who were expecting a decline. Chris Versace, Chief Investment Officer at Tematica Research, tells Yahoo Finance Live anchors Julie Hyman and Akiko Fujita that consumers are being more selective with their spending, and, as a result, investors need to be more selective about the companies they choose to invest in.
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Inflation: Retail sales data shows ‘people are paying more for less,’ says strategist

Inflation has been a hot topic of discussion in recent months, as economies around the world struggle to balance the effects of the COVID-19 pandemic with the need to stimulate growth. While governments and central banks have taken various measures to support businesses and consumers, the impact of rising prices is becoming increasingly evident.

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A recent analysis of retail sales data reveals that consumers are facing the reality of paying more for less. This insight comes from a strategist who claims that inflation is taking a toll on the purchasing power of the general population. With prices on the rise, individuals are finding it harder to make ends meet and fulfill their basic needs.

Retail sales data provides a valuable glimpse into the effects of inflation on consumer behavior. As prices of everyday goods and services increase, consumers are being forced to either reduce their consumption or downgrade to lower-quality alternatives. This trend is particularly visible in sectors such as food, clothing, and housing, where prices have noticeably surged over the past year.

The impact of inflation is twofold. On one hand, it puts pressure on household budgets, especially for those in lower income brackets. The rising cost of necessities, such as groceries or rent, leaves less disposable income for other expenses or savings. On the other hand, inflation also affects the profitability of businesses. As the cost of inputs rises, companies are confronted with the choice of either absorbing these costs or passing them onto consumers through higher prices.

Inflation has far-reaching consequences beyond the immediate burden on consumers and businesses. It can disrupt economic stability, erode confidence in the financial system, and create income inequality. As prices rise, wages often struggle to keep up, exacerbating the disparity between the wealthy and the working class.

Governments and central banks around the world are closely monitoring the inflation situation. While some argue that this recent surge is merely transitory, others express concerns that it may persist over a more extended period. The debate revolves around macroeconomic policies, monetary measures, and adjusting interest rates to control inflationary pressures.

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For now, consumers are left to cope with the reality of paying more for less. The urgency to address inflationary pressures and find sustainable solutions is crucial. Strategists, policymakers, and economists need to work together to ensure that individuals’ purchasing power is not substantially eroded. Measures such as targeted aid to vulnerable populations, enhancing social safety nets, and promoting price stability can help mitigate the adverse effects of inflation.

Inflation has undeniable consequences for everyday consumers and businesses alike. By analyzing retail sales data, it becomes evident that people are indeed paying more for less. It is vital to address this issue promptly and effectively so that individuals can regain their financial stability and confidence in the economy. Only through comprehensive policy measures can we alleviate the burdens of inflation and pave the way for sustainable economic growth.

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9 Comments

  1. Wally Brooks

    Are retail sales raising due to Inflation? If so is there really a sales increase or is there inflation increase here?

  2. Sean Willa

    2023 is set to be a pivotal year for the cryptocurrency market with any predicting that the industry is on the CUSP of a bull run. the market cycle actually has not met its balance,
    we continue onward round around and around while hanging tight for the tremendous victory on a colossal

  3. Luke Bellingham

    Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world. both NFT, real estate, Stocks and Crypto is positively changing people's lives.I'm delighted I was able to contact my coach Gregory Thomas Patchak earlier this year because while others were busy whining about the downturn I was busy cashing out from my portfolio, finally making over 370k only for the first quarter. of the year. Gregory Thomas Patchak. Has helped us become debt-free and save for retirement." he has helped transformed my life, he has been amazing, and ever since I met him, my life has taken a positive turn because of the passive income through his knowledge and ideas are essential for succeeding against all odds in this area of online commerce…

  4. David Car

    AI is against maximum employments which is Fed's job mandate.

  5. backrack01

    Skip ;p

  6. sonicvi

    No doy. That’s what inflation is.

  7. Marek Kolenda

    Powell and Fed stops interest rates before commercial real estate collapse .And banks loans default.

  8. Marek Kolenda

    Powell and Fed blame Congress and politicians for financial situation and vice versa.

  9. Charles Brightman

    ECONOMIC INFLATION:

    The way I see it is that regardless of the currency utilized (gold, silver, fiat, crypto, etc), economic inflation is still economic inflation. ANY economic inflation over previous economic inflation, overtime, eventually becomes exponential economic inflation. If an entities' wages, benefits and investments do not keep up with the true cost of inflation, then the entity falls behind in buying power and becomes poorer. A nation will eventually fail as will a global economy will eventually fail with ever increasing economic inflation because most people do not have wages, benefits and investments that keep up with the true cost of inflation. Math is still math.

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