COSTCO AND MACY'S SAY CONSUMERS ARE SPENDING WAY LESS, OUR GOVERNMENT CONTINUES TO SPEND

Show Notes DO YOU HAVE A BUSINESS QUESTION? Send it to [email protected] BUSINESS COACHING / ADVISORY: Go online and sign up for a confidential session with Michael Lodge at: http://www.lodge-co.com SUPPORT MY PODCAST at http://www.buymeacoffee.com to help me to continue to produce content for you on a consistent basis. PODCAST CONTENT LINKS: I have always preached that there are two economies, Wallstreet and normal american economy that you and I have to deal with everyday. Americans are not buying like they use to. They are only buying the esential to be able to survive. Inflation on food and gas has drained their savings, they have had to rely on their credit cards. The essential for life is more important then buying a shirt or other product that is not needed. So you and I are trying to manage our money responsibily, Government on the other hand is still raising debt and spending out of control. Government is the problem to this economy, and they don't care. Nasdaq and S&P 500 close at the highest level with optimisum of the debt ceiling bill being passed: https://www.cnbc.com/2023/05/31/stock-market-today-live-updates.html?utm_source=flipboard&utm_content=lodgeco/magazine/Michael+Lodge+-+The+Business+Advisor Macy's and Costco sound a warning about the US economy: https://www.cnn.com/2023/06/01/investing/macys-earnings-costco/?utm_source=flipboard&utm_content=lodgeco/magazine/Michael+Lodge+-+The+Business+Advisor Even the Dollar store is having problems with consumers cutting back: https://finance.yahoo.com/news/even-dollar-stores-are-hurting-as-consumers-get-more-cautious-172937178.html