With interest rates up and inflation remaining high, consumer spending should be on the decline. However, economists say household spending remains robust. Wall Street Journal consumer trends reporter Rachel Wolfe joins host J.R. Whalen to discuss why some Americans are choosing trips and concert tickets over homeownership and retirement saving. Photo: Alex Brandon/Associated Press

https://www.theaustralian.com.au/business/why-americans-are-choosing-to-splurge-instead-of-save/video/86ced03ec62c67d23e14572998d47c41

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