In this video, you will learn about consumer discretionary. #consumerdiscretionary #consumer #wallstreetmojo #personalincome #economy Chapters: 00:00 – Introduction 00:43 – What is consumer discretionary? 02:27 – Consumer discretionary sectors 04:01 – Conclusion What is consumer discretionary? Consumer discretionary goods are not necessary for survival and are things we’d want and not need. We might not give absolute priority to purchasing these types of things, and it is usually at our discretion whether we should buy them. When the economy is doing good, people earn more, so they can spend more on such discretionary goods. But, on the other hand, if the economy is not doing good, people generally see their income go down, and they avoid spending on anything other than the necessary stuff. (Explained in detail in the video) Consumer discretionary sectors Here are the major consumer discretionary sectors: Automobiles Consumer services Leisure Retail Investors usually track companies that …
