IMO- Retail sales NUMBERS have held up due to total dollars, but that means buying less physical goods. NOW, cumulative inflation has pushed people into getting even less and adding more on their cards just to survive?
— Scott Sheller (@ScottSheller) July 5, 2024
CAUTION: Housing defaults have just skyrocketed
This is unlike anything we’ve seen in a decade pic.twitter.com/ja7l6ophev
— Bravos Research (@bravosresearch) July 5, 2024