politics @lemmy.world • 16 days ago

Target just sent up a giant red flag about the U.S. consumer

qz.com

Target just sent up a giant red flag about the U.S. consumer

qz.com

@MuskyMelon@lemmy.world to

politics @lemmy.world • 16 days ago

A 30% stock plunge, collapsing store traffic, and margin pressure all point to the same thing: Affluent shoppers are rattled and recession fears are rising

Not just a recession but a stagflation looks likely in the future.

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