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Comments
Perhaps the increases will give good used stock a shot in the arm (and I should have waited)…
Do think there is a pain threshold though, and all the ‘spare lockdown cash’ that appears to have been floating around is long gone. With general shopping and lifestyle price hikes kicking in - can’t see so much casual spending taking place anymore…
I’ve been back in the office today, part of them phasing us back in. I’ll be honest, I’ve tightened belts and lined ducks up etc and had my packed up, batch cooked meal etc am in a surplus over the year for hobby income brought vs expenditure etc. One of my colleagues went out for a pub breakfast, had a Takeaway dinner and still went to the supermarket later for further snacks. And was talking about his hobby spend which it’s safe to say is a chunk out the door.
Consumers gonna spend. There’ll be movement at the margins sure but it just doesn’t feel like the taps ever shut off…just the flow eases a bit.