Simply need individuals’s opinions/ideas/impressions on whether or not they assume the “resilient American client” will or is not going to sluggish their spending within the subsequent quarter or two.
Revenge spending for a scarcity of a greater time period can solely proceed for thus lengthy. With rising bank card debt (notable that that is rising from buy of necessities like meals — https://www.theguardian.com/enterprise/2022/nov/06/britons-turn-to-credit-cards-and-loans-to-cover-basics-as-cost-of-living-crisis-bites) and the spectre of rising gasoline costs to heat houses this winter, I personally really feel that there’s a good probability that this vacation season would be the client’s final gasp earlier than reeling of their spending.
Joyful Thanksgiving all.
