This podcast episode discusses weakening US consumer confidence and its impact on the market. The hosts analyze consumer sentiment surveys showing significant month-on-month drops and discuss earnings reports from various companies indicating a slower start to the first quarter. They attribute this slowdown to uncertainty surrounding tariffs, job cuts, and weather impacts, noting that the "services over goods" trend remains strong in sectors like travel and entertainment. Finally, they identify winning consumer stocks as those in health and wellness, travel (especially cruises), groceries, and surprisingly, housing. The discussion highlights the significant disparity in performance among retailers, with dominant players outperforming smaller competitors.
