As Chuck Prince, ex Citibank CEO, said in July 2007 “[When the music stops, in terms of liquidity, things get complicated, but] when the music is playing, you’ve got to get up and dance” Max Power Apr 20, 2024 at 2:19 pm The main driver for Netflix’s ...
Spending on services accounts for 65.5% of total consumer spending. It includes rents, utilities, insurance, streaming, broadband, cellphone services, entertainment, healthcare, airfares, lodging, rental cars, memberships, etc. Spending on nondurable goods, adjusted for inflation, rose by 0.3% in Ma...