2 ms·

I'm just saying, every single example is a consumer discretionary item. Maybe they could pick some examples from other sectors. We already know consumer discret

I'm just saying, every single example is a consumer discretionary item. Maybe they could pick some examples from other sectors. We already know consumer discretionary spending is a weak sector and will get weaker with tariffs.

mrweasel 1y ago
That's my thinking as well, these are items where if they cross a certain price point consumers can easily opt to just not get them. They aren't even really luxury items, they are unnecessary luxury items. A better example I've seen is machinery, like construction equipment. Some contractor on YouTube points out that a Chinese skid steer is every bit as capable as a US made, but that 25 - 33% of the price. If he had to buy US made equipment he wouldn't have a business.