So he’s not going to mention spending power of the “consumer” has decreased by 40percent in the last 3 years? Could that cause some “softening”? Can’t mention the obvious can we…

It is interesting that CEOs always blame consumers for not wanting to spend when they raise prices and cut store staff to make a few extra pennies of profit for sale. Let's treat consumers poorly and then blame them when they stop coming to our stores.

Because a bag a chips is now $9 when it used to be $3. Crazy prices

People are BROKE

Americans are facing a cost of living crisis - the increase in prices is way higher than the increase in pay. The US government is like a consumer who has no money or assets and has maxed out all their credit cards - things are going to only get worse.

I won't buy a $200k house for $450k. I won't buy a $20k car for $80k; I'll buy as little $5 gas as I can, and also everything else that's overpriced too. KEEP IT PRICE GOUGERS!!!!!

Even though I plan to stick with it, inflation is wasting my money and my portfolio is losing gains every day, so I need a cure right away. My main concern is how to raise the value of my cash reserve because it has been lying there for a very long time with little to no increases and inflation is currently about 10%.

Companies don't care if the middle class is broke. That's collateral damage in their mind. They already started to adjust their businesses to provide products to consumers that earn at least $150k/year. Everyone else below that income bracket is considered low margin.

Starting to…we have felt this for a long time now.

Bill calmly ignores profiteering and extraordinary corporate profits. Companies started paying higher prices for input materials. Passed it through along with an increase to their customer. Supply chain pressures subsided and the sellers kept prices high. I know of one company that doubled its eight figure EBITDA because of this approach.

Amazon is not a monopoly. People buy from Amazon because they have an easy return policy and it’s a one stop shop. If things are too expensive people can always choose to buy elsewhere. Fast delivery is also a key selling point for Amazon. I myself is not willing to wait 2 weeks for an item to be delivered to me….pretty sure others think alike as well.

Melissa made a great read and prompted him for data vs story, and he stuck to story. He didn’t offer any meaningful insight in this visit.

We have a target 2 blocks from our place. I stopped shopping there for food because their prices are out of control. Charging almost double what others are for some stuff.

Groceries in the past 3 years? Doubled. Gas? More than doubled. Homes? More than doubled, in some cases tripled. Everything else under the sun? Increased substantially. Wages? Almost no change, you have to rely on promotions to get that. Gee, wonder how anybody could've seen that coming.

Must be a bubble in food prices. 😂

There's nothing really worth spending on, there's a notable lack of innovation. Everything consumer targetted is only tweaked this year and not worth replacing. People have money. Unless you're going to buy like a tesla or apple vision, there's nothing that provides a brand new or drastically improved experience.

Retailers are going to up to their necks in holiday inventory in 1Q 24. Bottoms falls out in '24. Very, very bad year.

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

I enjoyed the interview I also see people slowing on spending. I think people with equity in home will pull out at 8-10 percent. The banks scaring people from pulling equity out homes. I see new remodeling homes coming.

This guy actually believes wage rates are up? Holy hell talk about out of touch

We're so free to speak our minds It won't even let me post a comment I wanted. (Edit).. The comments I wanted to say where not nice things. 🤬😡🤬.

I'm worried one of my neighbors will buy a Chinese EV. The battery could catch fire and burn down my condo!

The rich are getting richer. Talk about that.

Walmart should have BOGO,s like my supermarket does.

I don't go to Walmart as much as I used to because their products they sale doesn't seem to be the same in quality. There inventory is cheaply made, I ordered a Samsung hdtv 80" also that never got delivered. I told them that I didn't want it because they couldn't get it there on time and they double charged me for it. U can't get anyone to help you and their auto center is pathetic. It takes walmart at least an hour to do a oil change. Then one of my friends walmart oil lube center cracked 2 of her hubcaps and broke the bolt on the wheel. If the employees even make it to work to do the crappy work they do in the oil and lube center. Then all of their prices have shot up. Walmart is not the low-price leader. Their quality of their products is bs. The self service check out line is a joke. About these ceo's complaining about the consumer not wanting to spend money cause of products going up in price. What about the people's wages. The little pathetic raises that u give don't even come close to the cost of living. Especially you Walmart and all Walmart did was put two more job responsibilities on their employees when Walmart gave that pathetic raise. No wonder Walmart can't keep anyone. People need to start banning walmart and other big stores. Otherwise they r going to raise prices even-money and have u bagging ur groceries, checking urself out and soon they might have u restocking the products in the back of their warehouse. I know I do t shop at walmart much anymore especially after Walmart double charged me for a Samsung hdtv 80" that never got delivered and I couldn't even get ahold of the delivery people. So be on guard about walmart. I also have heard about the price was one price on the shelf but when this person got to the register. The price was much higher.

The formulation of the iRobot/RoboCop movie (depending on your age lolol) type of society is being erected right before our very eyes. In thunderous applause called "A.I."

“Unemployment is low and wage rates are up”. Is it low paying jobs? And wage rate increases would be great if not for inflation eating everyone’s income. It’s not rocket science as to why people are spending less.

Screw the 1%

Feds are late to the game on Amazon.

Where's the other big bears in the market 🐻

Thank you Biden Administration

The arrogance of talking with your eyes closed

"You will own nothing and you will be happy" - Evil Emperor of the World, Klaus Schwab

this guy doesn't make to much sense to me. at least she asked for data.......

It's called Bidenomics.

When inflation rate is 6% the groceries cannot cost 30% more. That makes no sense. He blames everything from consumers including inflation, higher interest rates, federal budget wrangling, polarized politics and student loan repayments, except banal greed demonstrated by the retailers. 😂

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