Debt.com's Dvorkin: Consumers may defy their own expectations for lower spending

Howard Dvorkin of Debt.com discusses his site's study of 1,200 adults, of whom six in 10 expect to spend less this holiday season, even though that cutback is not caused mostly as a result of the pandemic, but rather is because of the muted emotions of the socially dstanced holiday. Dvorkin says that every year the surveys show that consumers enter the holiday season with good intentions of spending less, and they never wind up holding to those spending goals once they actually get to shopping. Also on the show, David Dowden of MacKay Municipal Managers discusses the outlook for muni bonds, John Divine of U.S. News and World Report sounds off on the prospects for Pfizer, Moderna and the investors who are making a play on the vaccine stocks now, and we revisit a recent Market Call chat with Chuck Self of iSectors.com.