01.16.24 Clarkonomics: Updated Outlook / Retail: A Break In The Paradox Of Choice

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 16 January 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today, a dose of Clarkonomics. Clark shares his views on the state of the economy, including energy production and the stock market looking ahead. Also, you may have noticed fewer options when it comes to goods you buy, like toilet paper and paper towels. Clark explains how the pandemic forced new adaptive efficiencies in manufacturing, and why this is good for consumers Clarkonomics: Segment 1 Ask Clark: Segment 2 Retail: Less Choice - Lower Prices: Segment 3 Ask Clark: Segment 4 Mentioned on the show: US wage growth, once an inflation risk, may be the prop a soft landing needs A lot of things are getting cheaper. Here's why you probably haven't noticed. The Federal Reserve will cut interest rates 6 times in 2024 as the economy shows clear signs of cooling down, ING says Opec+ now controls barely half of oil market, says IEA Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears Should You Buy an Extended Warranty on Your Car? WSJ - Covid Slashed Consumer Choices. This Is Why They Aren’t Coming Back. This Clark Howard Credit Card Rule Could Prevent a Nightmare Scenario About Clark Howard Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Is your bank at home in three markets or 53?
0:05.0	With on-the-ground specialists in over 50 markets,
0:09.0	HSBC UK has been voted the leading bank for trade for the last seven years so let us help
0:14.4	you navigate international business like a local search H.S.C. International
0:19.3	Bank to find out more. H.S.B.C. UK, opening up a world of opportunity.
0:24.4	Voted the UK's Best Trade Finance Bank for seven consecutive years by Euromoney UK Trade Finance
0:29.0	Survey 2023. 3.
0:35.0	It's my pleasure to welcome you here to the Clark Howard show.
0:38.0	You know, our mission is to serve you with information that empowers you to make better financial decisions in your life.
0:47.0	I'm going to begin today with a dose of Clark Onomics segment we used to do during the Great Recession. po'
0:54.0	segment we used to do during the Great Recession every day.
0:56.0	And I want to give you my cloudy crystal ball
1:00.0	about where I think we're moving generally.
1:05.0	I want you to take notes, and then a year from now
1:07.4	make fun of me when I'm wrong.
1:09.6	Also, have you noticed that the big thing now is to give you less options, not more, when you're
1:19.1	shopping, either online or in person.
1:22.1	I want to tell you what that's about, why it happened, and why it's
1:26.5	actually good for everybody all the way around. But Krista, you wanted to read some things to get into
1:34.9	Car economics instead of me talking right off the bat.
1:37.6	Right, I just wanted to read Kevin in Pennsylvania's question.
1:40.9	He said, just wondering if you could give us a quick outlook to the economic
	...

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