High Prices Are Here to Stay
Historical data suggests that the most important factor behind the price drop is a slowdown in consumer spending. Although nearly half of Americans say they are in a worse financial position than five years ago, they still spend money. Retail sales rose 2.1% year-over-year in the first quarter of this year, and consumer spending jumped in February and March. Watch the video above to learn more about why prices are likely to stay high.
Why High Prices Are Here to Stay: The Hidden Truth
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DISCLAIMERS & DISCLOSURES
This content is for educational and entertainment purposes only. Nawo does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.