"In this Economy? How Money and Markets Really Work." Scanlon's work aims to empower individuals with a deeper understanding of the economy.) after both companies reported revenue beats in their latest quarterly reports. Additionally, Watches of Switzerland Group CEO Brian Duffy joins the show to delve into the growth of the luxury watch market within the US.
Though consumer demand fell flat in its fiscal second quarter, it appears if the consumer sentiment is improving, but the vibe session or disconnect between the economy and how the average consumer perceives it continues.Our next guest coined that term and has made a career out of simplifying the economy for others.How Money and Markets Really Work and Joining Us Now Is Kyla Scaling Kyla, Good to see you and Congrats on the book.So simplifying economic concepts like inflation.
I mean, I know you also recently did piece about influencers, right, and that if you followed their stock recommendations, you wouldn't.I mean, so how do people know where to get good information about what to do with their money. And so you have a lot of creators who will post things that blatantly untrue, and there's no consequence to that.Are you A as just a creator?They've invested a lot of money, and I have a newsletter and a pod as well.
And I. I think that was more just like, uh, maybe not a troll, per SE, but it was something in the bar. The NASDAQ was under a little pressure today, but it's net risen and let me show you our Dow heat map over the last seven days. Uh, so so this is painting a picture for me that investors are looking for safety, but for some reason, they're building.
The company's fiscal fourth quarter, aided by what's been called the underdeveloped US market and joining us now for more is watches of Switzerland CEO, Brian Duffy and Yahoo Finance's very own pro moreen.It is great to have you I. I thought, I want to start kind of high level and just get your sense when we look at the luxury watch market because you have such a unique insight here.
And all of the money that's made is reinvested and obsession with, uh, with quality and innovation, so, so indestructible products.We'd love to have a lot more product than we get. It has been changing it's still male oriented, so you'd say it's probably around 60 65% male often said.And it is an item of jewellery.But increasing women also a convergence of gender when it comes to product selection.The other big change in it, contrary to what people might expect is young people.