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An entire batch of corporate reports from retailers to computer-makers, just in time for the key holiday season's critical moment. Each one warning that consumers in the US just aren't there, being held back. Why? The government also reported today with the answer to that question, the one factor that ties it all together. Eurodollar University's Money & Macro Analysis Bloomberg Inflation-Battered Consumers Are Going to Extreme Lengths to Nab Holiday Deals https://www.bloomberg.com/news/articles/2024-11-27/black-friday-deals-in-us-have-been-transformed-by-inflation Bloomberg Kohl’s Troubles Deepen as Retailers Call Out Weak Spending https://www.bloomberg.com/news/articles/2024-11-26/kohl-s-cuts-sales-outlook-on-weaker-spending-on-clothes-shoes CNBC Retailers saw a dismal fall quarter. https://www.nbcnews.com/business/business-news/consumers-retailers-post-election-economic-outlook-rcna181794 CNBC HP forecasts first-quarter profit below estimates on sluggish demand in PC market https://www.cnbc.com/2024/11/26/hp-earnings-report-q4-2024.html Bloomberg Dell and HP Inc. Fall After Reporting Disappointing PC Sales https://www.bloomberg.com/news/articles/2024-11-26/dell-reports-sales-that-miss-estimates-on-setback-for-pc-market https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |