The Consumer Is Brave: 2023 Holiday Spending Recap

I certainly don't see a consumer-led recession coming in 2024 given what we just saw for the holiday season, notes Jan Rogers Kniffen. He and Chris Graja recap 2023 holiday spending. They talk about big box retail including Walmart (WMT), Target (TGT), Home Depot (HD), and Costco (COST), in addition to aspirational brands including RL, LULU, NIKE, and PVH. They then go over what would be a major positive surprise in 4Q earnings reports coming out in February. Finally, they look at holiday season winners and losers. Tune in to find out more about the stock market today.