Consumer Crumbles πŸ›

πŸ›  Retail selloff. Retailers’ profitability hit sounded the alarm with negative impact from higher markdowns, freight costs, supply disruptions and labor costs. Perfect storm of #RecessionWatch fears fueled market panic. Consumer sectors badly underperformed very bearish market week down -8%. πŸ’‹  Flirting with bear market. Another bearish market week as S&P 500 dipped again into bear territory. While a Read More