Scares, Stockpiles and Smart Planning
Talking Real Money - Investing Talk
Don McDonald
4.5 • 810 Ratings
🗓️ 30 April 2025
⏱️ 42 minutes
🔗️ Recording | iTunes | RSS
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| 0:00.0 | Reality Radio for a really great future. |
| 0:08.0 | We're talking real money. |
| 0:10.6 | Money and investing both boil down to one pretty simple thing. |
| 0:20.6 | Consumers. Consumers. |
| 0:22.5 | Consumers are the ultimate drivers of most of the economy. |
| 0:28.1 | Sure, there are a few things in which consumers are not immediately involved. |
| 0:34.6 | Defense spending. |
| 0:36.3 | You know, not many of us go out and buy tanks or Stinger. |
| 0:40.2 | I'm more into planes, as you know, so. Yeah, but yours are all plastic. They won't fly very far. |
| 0:45.2 | And they won't do well in combat either. Consumer spending really does drive economic growth. And |
| 0:52.0 | economic growth drives the values of many, if not most investments. |
| 0:57.4 | But the thing that really drives it all is a thing called sentiment. And that is how we feel about the situation and our ability to spend and consume and enjoy and do things. |
| 1:17.4 | And right now, with all of the confusion and uncertainty about tariffs, be they 10% or 150%, people are reacting to those things. |
| 1:32.8 | Yeah, and they're not feeling very good about them. |
| 1:35.4 | Let's just put it that way. |
| 1:36.7 | In fact, New Polls finds that 85%, by the way, when we're talking about consumers, yeah, we're talking about you. |
| 1:43.2 | It's just some other group of people. And we're talking about American consumers, too. That's good point. You know what we're talking about consumers, yeah, we're talking about you. It's just some other group of people. |
| 1:44.8 | And we're talking about American consumers, too. |
| 1:46.7 | That's good point. |
| 1:47.5 | You know, I'm talking about Chinese consumers. |
| 1:49.1 | They're very different than we are. |
| 1:50.4 | Yeah, they didn't get cold either. I haven't met any of them. Well, maybe not. But here's the thing, 85% of us have concerns about the tariffs and are looking at our spending, are looking at our plans, |
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