Upper middle class are struggling.

Trend emerging…

Excess savings gone. Lag effects feeding through. Student loans back on. pic.twitter.com/1hjq2GnH7Q

— Geiger Capital (@Geiger_Capital) November 21, 2023

Best Buy cuts sales forecast, as holiday shoppers hunt for deals. “CEO Corie Barry said consumer demand ‘has been even more uneven and difficult to predict.’”