#luxury goods

2 stories

#apple #capitalism #chanel #consumer pricing #economic divide #economic uncertainty #experiences #fashion #financial anxiety #gen z #glastonbury festival #homeownership

Gen Z spends big on joy, not homes
Young people are sacrificing savings for travel, jewelry, and experiences because traditional milestones feel out of reach.
Fortune · 1m
Apple's price inflation is bad for capitalism
Luxury goods keep getting more expensive, pricing out the middle class and threatening support for free markets.
MoneyWeek · 1m