But, but, but I just heard on CNBC on Friday that there is little to no change in consumer behavior? Chipotle seems to be the only company to admit they are seeing a slow down.... Aside from Tesla earnings seem to be great!!! /s
An interesting statistic is that only 10 percent of consumers account for 50 percent of consumption. I imagine if trump manages not to upset these very important 10 percent, (which looks more unlikely every day, but who knows) a possible recession will not disrupt the whole system.
4 Comments
Lembot_0002@lemm.ee · 21 pts · 1y
JoMiran@lemmy.ml · 14 pts · 1y
awake01@lemmy.world · 8 pts · 1y
But, but, but I just heard on CNBC on Friday that there is little to no change in consumer behavior? Chipotle seems to be the only company to admit they are seeing a slow down.... Aside from Tesla earnings seem to be great!!! /s
SL3wvmnas@discuss.tchncs.de · 1 pts · 1y
An interesting statistic is that only 10 percent of consumers account for 50 percent of consumption. I imagine if trump manages not to upset these very important 10 percent, (which looks more unlikely every day, but who knows) a possible recession will not disrupt the whole system.
Auntievenim@lemmy.world · 3 pts · 1y
Where are these rising incomes they cite as a reason for continued relatively high consumer spending