Why the consumer recession might be over-exaggerated

Luke Laretive

CEO & Investment Advisor

The consumer recession might just be over-exaggerated in some sectors, with Super Retail Group recently reporting +18% sales in their Super Cheap Auto business and their travel gear business, and Macpac up +55%.

Luke Laretive of Seneca Financial Solutions joined us to explain why analysts may have underestimated the post-covid, ‘YOLO-economy’.

Luke pegs 2 consumer-facing stocks that could outperform if his hunch turns out to be correct: ARB Corporation (ARB) and Airbnb (NASDAQ: ABNB).

Watch the interview: Ausbiz – Why the consumer recession might be over-exaggerated