10.04.22 Holidays Sales Are NOW / CLARKONOMICS - Perspective on the Economy

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.6 • 4.9K Ratings

🗓️ 4 October 2022

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

The ships have come in and retailers have too much merchandise - over supply. Meanwhile due to inflation, demand has lessened = SALES. Clark points to holiday shopping deals, as this year, October is the new November. Bonus - Walmart’s new return policy. Also - Clarkonomics returns. Clark sets the table on how The U.S. and world economies got to where we are now and explains the moves that are coming to get inflation under control. October Holiday Sales: Segment 1 Ask Clark: Segment 2 Clarkonomics - Economic Overview: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Introducing Amazon’s Prime Early Access Sale—A New Holiday Shopping Event for Members to Save Big October 11 and October 12 Score Discounts on Apple AirPods Pro, iPads, and the Apple Watch 8 at Amazon Before the Prime Early Access Sale Best Online Banks: Free Checking and High-Interest Savings Accounts Buy U.S. Treasury Bonds: A Conservative Way To Beat Your Savings Account Best Cell Phone Plans in 2022: The Cheapest Plan for Every Need Visible Review: 5 Things To Know Before You Sign Up NYTimes.com: Bad News From the Fed? We’ve Been Here Before. What Is a C.L.U.E Report and Its Impact on Your Insurance Should I Freeze My Credit With Innovis, SageStream, CoreLogic and LexisNexus? Clark Deals 2022 Sweepstakes Clark.com resources Episode transcripts 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	It's my pleasure to welcome you to the Clark Howard Show.
0:08.4	Our mission is to serve you and empower you to make better financial decisions in your
0:13.7	life.
0:14.7	It's time to think about holiday shopping.
0:17.3	Isn't that weird?
0:18.3	I'm talking about holiday shopping already here in early October.
0:22.9	But the sales are going on right now.
0:27.2	The reason October is the new November, at least for this year probably only.
0:33.2	I'm going to talk about that first today and later.
0:37.0	Well, everything happening in the economy with stock market.
0:42.2	I've decided to revive what we call chloro-nomics.
0:46.9	It's where I give you updates on the economy and try to give you my best feel for where
0:54.2	things are and then my best guess on where we're headed.
1:00.7	First of all, this was one that I guess right on back in July that the train wreck coming
1:11.4	for retailers actually happened, that they have all this delayed merchandise that had been
1:18.8	stuck at sea and the ports on trains on trucks.
1:24.1	Warehouses now is all there and retailers have too much merchandise at a time that the
1:31.1	economy is dialing back a speed.
1:35.4	Some people are being more careful with their money.
1:38.8	Inflation is robbing them of buying power at retailers, at restaurants because of what
1:46.8	they're paying for gasoline, even though it's come down, it's still expensive, which
1:51.6	you're paying for electricity, natural gas.
	...

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