Confirmed, usa's consumer downgraded!

Goldman Sachs stated that both high-income consumers and low-income consumers are shifting their consumption towards lower-tier products or services, known as "consumer downgrading".

wallstreetcn01:30 ET

Consumers are feeling tight on money, the usa retail and dining industries can't hold on anymore! They are all lowering prices for promotions.

Analysis believes that although inflation in the USA this year has eased somewhat, many consumers still feel significant pressure as prices of essential items such as food, insurance, and housing remain higher than before the pandemic. As a result, American consumers are starting to reduce their spending, and American retailers and restaurants, which have been raising prices for years, are now trying to attract customers back through discounts.

wallstreetcn18:44 ET

Timeline for VF Corp Turnaround Uncertain, but Supreme Sale a Good Start - Analyst

Seeking AlphaOct 11 08:59 ET

VF Analyst Ratings

BenzingaOct 11 07:20 ET · Ratings

Behind the Scenes of Nike's Latest Options Trends

BenzingaOct 10 15:18 ET

Wolfe's Tax Loss Selling Stocks Within Communications, Discretionary, Staples, Energy, Financials, Health Care

Seeking AlphaOct 10 14:37 ET