Loading ...Panic setting in in retailers and fast food
Evidence 1: Target
https://finance.yahoo.com/video/target-slashes-prices-5-000-164030739.html
Evidence 2: McDonald’s and Burger King are now offering deals at pre-Covid prices.
This is the proverbial fall off the cliff before an official announcement of recession.
GL
You are on to something Sir Gold Learner.
Watch the fast food
I just bought a sub and diet coke at Firehouse Subs…big joint
I was the only customer
$22
PS Red Lobster is in bankrupcy now
Looking at the Leading Economic Indicators, it looks like we might be just beginning to exit a mild year-long recession.
https://www.conference-board.org/topics/us-leading-indicators