Retail Sector Faces More Downside From Struggling Consumers.
https://www.zerohedge.com/personal-finance/retail-sector-faces-more-downside-struggling-consumers
Discussion
Wen depression?
The supply chain is still holding up a tremendous amount of widgets not allowing product to even make it to market. I see this in all my Industrial UL Fab shops…..markets of all kinds are wonky….I don’t know that I see this changing anytime soon.
Rents are also going down a lot over last month
On the positive side, all those closing down sales will bring down CPI. 😅
A lot of duplicated goods brought in in pallets is retail. Free market small business and services are the future. Goods made with care that hold value are the future.
All the stats paint a shitty picture of consumers “struggling” but anytime I go out I see plenty of people spending.
Anyone else not seeing the struggle being described in the US? Abroad the struggle is real 💯
Ditti
I'm in Ottawa. Despite the political disaster here, I don't notice anything, infact I see more people than ever out spending.. Maybe its credit, but either way, they don't seem worried.
You are correct!
Wow... what a chart....
🤯how can one look at this chart and not think the end is right around the corner? Crazy
I think its the fourth turning.
It will break but it has to break so that we can rebuild something better by taking control of monetary value away from banks and government...
This can only be done with bitcoin.
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No doubt. Savings and credit run out a lot faster for those without a 💵🖨️.
Car payment delinquencies … https://www.wsj.com/articles/late-auto-payments-expose-cracks-in-consumer-credit-5b5e29b0?st=8esbcax1dbn3qer&reflink=article_copyURL_share
The first domino to fall…then when people don’t have a car, they can’t go to work and then they stop making mortgage payments. Tick tock!
The numbers in everything reported don’t seem to match my lyin’ eyes, there’s something going on that I just can’t put my finger on. It’s like the dam, whatever that is, is about to break. Gradually then suddenly I guess. My best guess is that a need to print dollars into inflation is coming and when that happens nothing will ever be the same.
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I read these articles but i don't see it on the street... is it consumer denial?
Then add this to that… and we get… bull market!
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