06.14.22 Bear Market Perspective & Strategy / Student Loan News & Your Education
The Clark Howard Podcast
00:00
Are We Going Back to Where Prices Are Precoved?
Prices accelerate really quickly, but the decline happens very slowly. Are we going back to where prices were pre coved in most sectors of the nomy? Let me give one example, cruise lines. There was so much pent up demand for going on cruises that cruis lines were booking cabins at the highest rates they had ever done. I've been reading that people are forfeiting their deposits to rebook a much cheaper cabin. That's how the market place works, that businesses will try to push those prices up and away and keep them in that place. But you and i ultimately decide if they can do that or not.
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