Companies will pass higher costs onto consumers: Barry Knapp

Amazon directly sells a lot of items way below MAP. Laughable to say you can find everything Amazon sells cheap elsewhere.

Is this guy an idiot? Without wage growth, rising cost of living across the board will be met with pullbacks in spending. It’s a zero sum. You can only spend as much money as you make plus credit you’re allowed and until you pay off your credit balance, you don’t get more so spending power is finite. That’s common sense. If you raise prices, you end up with higher gross margins at the expense of volume. However, if your COGS also increases, then it’s just a pass through to the consumer and your gross profit per unit is the same and your gross margin may decrease if your GP per unit is the same despite higher revenues.

For streaming stocks, BUY Amazon Prime, Disney +, Netflix.

Profitable companies are Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix, Zoom so these are the stocks you want to own.
Also buy Wells Fargo, Disney for the recovery.

Homie is coked up fasho lol

“Businesses will pass costs through to consumers who will HAPPILY PAY OUT OF THEIR SAVINGS”

More hurt to the people, but it will be different this time. This will be bad

Prices go up, I cut back spending..