Mon - Fri 8:00am-4:45pm (216) 771-3450
Mon - Fri 8:00am-4:45pm (216) 771-3450

Day

June 29, 2022

Discretionary spending is slowing while inventories are building and costs are increasing, causing margins to decline, which could lead to increased layoffs

Throughout the year, we have been noting that consumer incomes were likely going to slow as a result of the fiscal support from 2021 not being repeated in 2022, and more recently, price increases in areas like gasoline and food reducing purchasing power for discretionary items.  Last week, the retail team at research firm Hedgeye...
Read More