Consumer spending shifting towards personal items like vacations, electronics, health; caution advised for retail traders

From Investing.com: 2025-02-11 00:52:00

In 1975, Muhammad Ali responded to a student’s request for a poem with “Me, We,” sparking a discussion on changing consumer habits from “we” to “me.” A survey on major purchases Americans plan to make in 2025 reveals a shift towards personal spending, particularly on vacations, electronics, and health and fitness. However, concerns about inflation, consumerism, and tariff-related price hikes may lead to underconsumption trends. Looking at the XRT daily and weekly charts, retail traders are cautioned against accumulating stocks until clearer price signals emerge. ETF summaries highlight key support and resistance levels for various sectors.



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