Boomer Buying Habits, Google’s Big Antitrust Loss, & Small Caps in 2024 12/12/23

In a recent op-ed, Ariel Investments Co-CEOs Mellody Hobson and John Rogers predict investors’ best bets for 2024. Hobson and Rogers explain why, after a big year for tech’s ‘magnificent seven,’ it may be time to cash in on smaller stocks. Boomers are driving spending! Bank of America Institute has released new data on consumer spending in November; head of the Institute Liz Everett Krisberg discusses the highlights, including spending trends across Gen Z, millennials, Gen X, and boomers. Plus, Hasbro is cutting 20% of its workforce, teens are on YouTube and TikTok “almost constantly” and Epic Games has won its antitrust lawsuit against Google.

 

Steve Kovach - 06:25

Liz Everett Krisberg - 15:30

Mellody Hobson & John Rogers - 24:23

 

In this episode:

Andrew Ross Sorkin, @andrewrsorkin

Becky Quick, @BeckyQuick

Katie Kramer, @Kramer_Katie