Right About Now with Ryan Alford
BUSINESS NEWS: Consumer Sentiment Tanking & It's Time for a Plan - Ecomm Coming for more Retail - Your Next Investment Opportunity
28 Mar 2025
SUMMARYIn today’s Weekly Business News episode, hosts Ryan Alford and Chris Hansen discuss the current economic climate, focusing on a significant decline in consumer sentiment revealed by a University of Michigan survey. They express concerns about inflation, government policies, and their impact on consumer behavior. The hosts also explore retail trends, noting the closures of stores like Forever 21 and GameStop, and the rise of e-commerce platforms such as Shein and Temu. They emphasize the need for better communication from the administration and highlight the importance of adapting to changing consumer preferences in a digital age.TAKEAWAYS Decline in consumer sentiment as reported by the University of Michigan survey. Concerns about the overall economic climate and inflation. Impact of government policies on consumer behavior and the need for better communication. Retail sector challenges, including store closures of brands like Forever 21 and GameStop. Shift in consumer shopping habits towards e-commerce platforms like Shein and Temu. GameStop's strategy to invest in Bitcoin as a response to retail challenges. Emotional aspects of investing and the volatility of GameStop's stock. Nostalgia for physical media and the transition to digital formats in entertainment. Importance of understanding consumer preferences and emotional drivers in business. The need for businesses to adapt to the changing economic landscape and consumer behavior. If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Full Episode
This is Right About Now with Ryan Alford, a Radcast Network production. We are the number one business show on the planet with over 1 million downloads a month. Taking the BS out of business for over six years and over 400 episodes. You ready to start snapping necks and cashing checks? Well, it starts right about now.
What's up, guys? Welcome to Right About Now. It's our weekly business news here on March 28th, 2025. Joined, as always, by Chris Hansen down in Miami. What's up, Chris? What's up, Brian? How are you, bro? I'm good. I'm good. Here in Greenville, South Carolina, our studios here on the Swamp Rabbit Trail at Social House. Chris is down in Miami. We're always here to bring you the news.
We take the BS out of the news, Chris. And, you know, we're going to be taking the BS today. You know, like, if you listen to and watch our show, if you're not watching and you need to get on YouTube, go check that out. YouTube or Spotify, you can watch, see how pretty Chris is. You never know what he's going to be wearing. Always fashionable. I'm trying to keep up with him. But...
In all seriousness, we lean certain directions. I think we try to keep out of the politics and more of the policies of what we believe in. And I think when things are going good, we talk about how it's good. And I think when things are not feeling good, I think we've been talking about that. In today's episode, we're going to dive deep into some studies and surveys that go on.
Some are yearly, some are quarterly, some are monthly. But it's really about consumer sentiment and about how people feel. You know, I think the numbers probably won't surprise you. They didn't surprise Chris and I as we were looking at them. And we're going to dive deep into that because I think this administration has been guns a-blazing in things that they're doing.
And many of the policies, I think, we tend to agree with directionally. But at the same time, a word of caution has kind of been coming from us with things lately, how we've felt like, at least in our circles, things have felt. And the studies have come out on the overall consumer sentiment, how people are feeling, both currently and future thinking, because it's also built into that.
What's your prognosis? How do you feel about the future? And some of these numbers are staggering. And I think we're at a real pivotal point where the policymakers and the Central Reserve and a lot of people really need to take a look at this because. People think with their head and they buy with their heart. And literally, people are not buying.
You've got money staying on the shelf if there is some. You've got tightening of the wallet overall. You've got interest rates that have been stagnant and real estate market that's stagnant in a lot of markets.
And I think we're coming to a head with where if we don't get ahead of getting consumers feeling positive about the changes, feeling positive about the economy, feeling positive about the potential of real estate opportunities, we're in for a tough road. And the sentiment of the country drives the economic behavior of the country. and we're going to dive deep into that today.
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