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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST
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To: TobagoJack who wrote (155757)4/6/2020 3:42:44 AM
From: Snowshoe2 Recommendations  Read Replies (1) of 217688
 
re "Am wondering what folks are spending money on if locked-down"


Makes sense...

Americans buying ‘historic’ amount of computers during coronavirus lockdown
finance.yahoo.com

As states and cities across the country continue to roll out and enforce stay at home orders to contain the novel coronavirus, Americans are transitioning from the office to the home office. And with that change, workers are finding they don’t have the resources they need to effectively and comfortably do their jobs remotely.

That in turn is causing a massive uptick in the sale of everything from webcams and monitors to laptops and printers at retailers including Best Buy and Walmart. The increase is so significant, in fact, that sales of certain devices like webcams and monitors have grown by more than 100% in just a few short weeks.

“We’re sort of calling it the ‘stuck-at-home’ bubble,” IDC research vice president Linn Huang said.

The massive jump in sales won’t last forever. In fact, it may have already peaked. But the coronavirus lockdowns may force consumers to recognize that they need more than just the phones in their pockets to meet all of the technology needs.
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