this post was submitted on 26 Apr 2025
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Economics
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But, but, but I just heard on CNBC on Friday that there is little to no change in consumer behavior? Chipotle seems to be the only company to admit they are seeing a slow down.... Aside from Tesla earnings seem to be great!!! /s
An interesting statistic is that only 10 percent of consumers account for 50 percent of consumption. I imagine if trump manages not to upset these very important 10 percent, (which looks more unlikely every day, but who knows) a possible recession will not disrupt the whole system.
Where are these rising incomes they cite as a reason for continued relatively high consumer spending