Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month"
Kraft Heinz CEO: "Consumers Are Literally Running Out Of Money Toward The End Of The Month" While the digital US economy, if proxied through the earnings growth and stock prices of AI companies and their "picks and shovels" support ecosystem, has never been stronger, the traditional US consumer, responsible for 70% of US GDP, has rarely been more depressed than right now (and according to the latest University of Michigan sentiment survey, Americans have literally never been more pe...
Original Source
Read the full article at Zerohedge →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.