I have two clients, D2C retail with national presence who I think have proven to be a leading indicator for economic statistics. They are my real time look at the health of the US consumer, regardless of what Biden admin statistics say.
The US consumer has been suffering significantly for 18-24 months. I’ve watched their sales trends.
I don’t care what GDP or other government statistics say. There’s too much funny business in those numbers. I’ve watched consumer discretionary spending drop in real time.
And the problem has been exacerbated by the Fed increasing inflation rates to harm consumers and “solve” an inflation problem caused solely by government spending and money printing.
Edit: all that to say, sambowieshin and Dreadlox can make up whatever story they want about the economy, but middle America knows reality. Some will just be dumb enough to think Kamala can fix it.
The US consumer has been suffering significantly for 18-24 months. I’ve watched their sales trends.
I don’t care what GDP or other government statistics say. There’s too much funny business in those numbers. I’ve watched consumer discretionary spending drop in real time.
And the problem has been exacerbated by the Fed increasing inflation rates to harm consumers and “solve” an inflation problem caused solely by government spending and money printing.
Edit: all that to say, sambowieshin and Dreadlox can make up whatever story they want about the economy, but middle America knows reality. Some will just be dumb enough to think Kamala can fix it.