Clouded Judgement 8.2.24 - Uncertainty Everywhere
Clouded Judgement
AUGUST 2, 2024
Wayfair CEO compared the drop in spend to home goods to the 2008 financial crisis: “Customers remain cautious in their spending on the home and our credit card data suggests that the category was down by nearly 25% from the peak we saw in the fourth quarter of 2021. Consumers appear to be slowing down.
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