There's a reason that Consumer Discretionary is considered one of the most important sectors of the economy. People want to feel good, and they're willing to spend money on things that make them happy. Whether it's a new car, a trip to Hawaii, or just some new clothes, people love spending their hard-earned money on things that make them happy.And there's nothing wrong with that! In fact, economists often refer to consumer discretionary as "the engine of growth" because when people have more money to spend, they tend to buy more stuff. That helps businesses grow and create jobs, which in turn helps the overall economy grow.So if you're feeling down about the state of the economy, don't worry – there's still plenty of good news out there! The fact that people are still spending money on things like cars and vacations shows that they're not giving up on happiness just yet. So go ahead and enjoy those discretionary purchases – you've earned them!
