On the eve of the presidential debate comes YET ANOTHER somber economic statistic of the state of the American consumer

by | Jun 27, 2024 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment

There has never been a worse time to buy a home in the US: The annual income needed to buy a median-value home in the US is now ~$115,000. By comparison, the median household income is ~$75,000, a whopping $40,000 less than required. The gap between income needed to...

To us, this represents an alarming statistic in regards to the financial health of the American consumer at ground level. Drug stores and pharmacies are first responders to the vacillations of consumer spending so taking that into consideration…

by | Jun 27, 2024 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment, Latest News, Media

BREAKING: Walgreens stock, $WBA, crashes nearly 25% after drugstore chain cuts profit guidance due to "challenging" consumer environment. "We assumed the consumer would get somewhat stronger” but “that is not the case,” Walgreens CEO said. Walgreens cut...