Economy

I offer these observations.

Double SNAP ended in March, and Covid emergency in April. Now food prices are retreating. In ALDI yesterday, ice cream down 16 cents. National foreign owned super retailer suddenly has specials on house brand canned goods. 5 cans, 3 bucks. This is 20,30 cents off regular retail. They only do this because merchandise isn't moving. The high price food of 2023 is still sitting on the shelves as new harvests are arriving. What are we going to do with all this food?

In other news, retailers still reporting theft in the grandest of larceny dimensions, widespread. This impacted footlocker, Target, Nike. (Boy did I get spanked). Somehow people are stealing goods and it's hurting the bottom line.

Interest rates are rising. Recession begins soon? Like September?