“US CONSUMER DISCRETIONARY SECTOR BANKRUPTCIES SKYROCKET⚠️
There have been 81 large consumer discretionary firms that went bankrupt year-to-date.
It has been driven by an average consumer pulling back on spending.
The 2nd most hit sector was Industrials with 60 bankruptcies.”
⚠️US CONSUMER DISCRETIONARY SECTOR BANKRUPTCIES SKYROCKET⚠️
There have been 81 large consumer discretionary firms that went bankrupt year-to-date.
It has been driven by an average consumer pulling back on spending.
The 2nd most hit sector was Industrials with 60 bankruptcies. pic.twitter.com/kR9HVAbjNF
— Global Markets Investor (@GlobalMktObserv) October 10, 2024