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Is american spending slowing down? The largest retail industry organization has issued a warning that the growth rate of year-end holiday consumer spending is slowing down.
The National Retail Federation predicts that while the total spending for the upcoming holiday shopping season will reach a new high, high inflation continues to erode consumer purchasing power. The growth rate of this year's most important holiday sales will be lower than last year, and household spending will be more cautious. Consumer spending is a key pillar of the US economy, and insufficient consumer purchasing power may lead to a pessimistic outlook on the economy.
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Express News | Nrf - U.S. Holiday Sales During November and December Expected to Grow Between 2.5% and 3.5% Compared to 2023
105446847rich : Farting will not be affected; the US stock market opened sharply up 200 points; take a look at nvdia soaring.
Prince Nvidia : nice try
10baggerbamm OP Prince Nvidia : why don't you elaborate on what you think I said is not right and what you think the outcome would be based off of your viewpoint because nice try means nothing to me
72571364 10baggerbamm OP : get that love story outta here. if you scared go invest into a index fund
10baggerbamm OP 72571364 : so what you're saying regardless of who wins the election stocks will not sell off number one number two China taking over Taiwan will have zero implications no negative side effects on inventory shipments to the entire chip industry number one and number two Trump will not make a phone call to xi on day one if he wins you don't believe that's going to happen
. so everything with you is Rose colored glasses that's an effect what you're saying it doesn't matter because Nvidia will only trade higher and microstrategy which is trading it over 300 percent higher than the acid a Bitcoin that it owns right now are only going to trade higher keeping in mind a microstrategy stock was 112 a month ago and now it's over 200 it will never sell off right? so it doesn't matter if Harris wins because Bitcoin will only trade up it will only go to $100,000 if Harris wins.
that is everything in a nutshell with what you would agree with based off of your response that being risk averse to investing does not make any sense just put your balls on the chopping block be the buy aggressive investments possible.. because there's no political economic outcomes that will impact the direction of the underlying stocks okay I know nothing in 36 years you know everything
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