I mean funny enough there is stastical proof that shows that massive pullbacks usually occur around September and both the great depression and the 2008 great recession, while technically having started earlier, fully exploded in September.
I think its probably the sudden rise in costs of kids going back to school and people feeling less summer happy/free-spending but yeah, could be the beginning of the plunge or just a normal fall retraction.
Oh, actually yeah. Markets rarely even respond to consumer seasonal spending these days anyways until it’s beyond a problem. But that usual pullback is probably entirely based on that holiday bump looking better after and the spending loss on marketing looking bad right before.
I wonder if the history of recessions kicking off then in Sept is the predictions in sales being lower and people realizing they won’t get their good looking Q4.
They freak out pull their money and basically a bank run of our wealthiest.
I mean funny enough there is stastical proof that shows that massive pullbacks usually occur around September and both the great depression and the 2008 great recession, while technically having started earlier, fully exploded in September.
I think its probably the sudden rise in costs of kids going back to school and people feeling less summer happy/free-spending but yeah, could be the beginning of the plunge or just a normal fall retraction.
Also, gotta start to tighten the belt in Q3 so the Q4 numbers can look good for the shareholders
Oh, actually yeah. Markets rarely even respond to consumer seasonal spending these days anyways until it’s beyond a problem. But that usual pullback is probably entirely based on that holiday bump looking better after and the spending loss on marketing looking bad right before.
I wonder if the history of recessions kicking off then in Sept is the predictions in sales being lower and people realizing they won’t get their good looking Q4.
They freak out pull their money and basically a bank run of our wealthiest.