首页
登录
职称英语
In the market’s eyes, the latest round of consumer-spending news was good. I
In the market’s eyes, the latest round of consumer-spending news was good. I
游客
2023-08-22
48
管理
问题
In the market’s eyes, the latest round of consumer-spending news was good. It was so good that the stocks had another bubbling day yesterday. The Commerce Department said that retail sales have risen by 1.2 percent in April. Particularly given a weak job market, it is really a bigger jump than had ever been expected. The consumer is not capitulating, as one retail analyst has once declared.
Yes, but why is the reason for that? Questions like this are very difficult to answer, of course. In order to get an explanation, you would have to ask an expert. Then a couple of experts appeared suddenly on the Marketplace, the public-radio show last night to shed light on the mystery of the non-capitulating consumer. I am a semi-regular listener to Marketplace, which generally is an enjoyable show. But even the most thoughtful financial journalism will end up turning to the experts sometimes. What are we supposed to learn from them?
Last night we learned that the consumers are buying value, according to retail-trends analyst Kurt Barnard. This is why Wal-mart and J.C. Penney had the positive results to report yesterday — because, Bernard noted, these days, consumers are looking for low prices. Fair enough. On the other hand, another firm reporting good numbers was Tiffany’s, which said its net income was up by more than 6 percent, partly on the strength of greater sales volume. Sometimes, Barnard explained, low price can be replaced by the value that is attached to a wonderful name such as Tiffany’s.
I see. So consumers like things that are either very cheap or very expensive, but, you know, worth it. Now there’s a fresh insight. It would certainly explain why the retail chain Everything’s Overpriced is under great pressure these days.
Anyway, as if all this was not illuminating enough, another expert stepped into the spotlight: Ken Goldstein, an economist with the Conference Board. According to Goldstein, "People with money to spend and a willingness to spend tend to spend money."
Isn’t that fantastic? Don’t you feel smarter now that the mystery of consumer spending has finally been clarified for you? This sophisticated analysis might even apply in other areas. People with food to eat and a willingness to eat tend to eat. People with time to waste and a willingness to waste time tend to waste time. Really makes you think, doesn’t it?
Actually I guess, maybe it doesn’t. [br] What is the author’s view of the expert?
选项
A、Positive.
B、Biased.
C、Negative.
D、Ambiguous
答案
C
解析
转载请注明原文地址:https://tihaiku.com/zcyy/2948259.html
相关试题推荐
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
Economistsusuallystudymarkets.Now,twoAmericanshavewontheNobelPriz
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
TheImpactofWildernessTourismA)Themarketfortourisminrem
随机试题
Forthesuccessoftheproject,thecompany,should______themostoftheoppor
等这件事过去后我们再讨论你建议。We’lldiscussyourproposalwhenthewholethingisover.
下列哪一项对营养性巨幼细胞性贫血的诊断有肯定意义A.红细胞减少比Hb降低明显
采用市场法进行房地产估价的难点在于( )。A.不同时期房地产的价格构成极其复杂
患者女,56岁。头痛,头晕,手脚麻木2个月,有鼻出血,脾肋下2cm,肝分185分
物体重力的大小为Q,用细绳BA、CA悬挂(如图示),α=60°,若将BA绳剪断,
办理商用房贷款时,银行对提前还款的基本约定一般不包括()。A:借款人应向银行提交
利福平与山茱萸联用,产生的作用是A.产生金属螯合物 B.增加肾毒性,引起结晶尿
控制牙菌斑的方法不包括A.漱口 B.使用含氟牙膏 C.刷牙 D.牙间刷
会计账簿除需要与外单位核对外,一般不能携带外出。()
最新回复
(
0
)