One Year Into The Ban On Russian King Crab And Snow Crab -- What Now?
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Inflation is weighing on Americans across income levels. Customers are clearly feeling cautious and making trade off decisions. Private label sales are soaring as consumers trade down on goods. Consumers are still spending money however. Airlines and cruise ships are booked at capacity. But they are still concerned about inflation and cutting back on expensive food items.
According to a Bloomberg survey of economists the odds of a U.S. recession in 2023 are as high as 65%. Consumers still have some stimulus savings...
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