Davidowitz: Sales Are at Record Levels at Big Stores

The transcript discusses the challenges faced by retail stores like Barneys and Neiman Marcus due to high debt and the need for restructuring. It explores the economic reflation under Trump, market reactions, and the impact of tariffs. The discussion also covers interest rates, consumer behavior changes, especially among millennials, and the resulting retail adjustments. The demographic shift with millennials surpassing baby boomers is highlighted, affecting spending habits and economic dynamics.

Discuss the implications of the current economic policies on consumer behavior.

In what ways are online shopping trends impacting physical retail spaces?