The charge of being consumerist piggies at the trough now only sticks to the rich. Good. The rest of us are free.| mikeleepearl.substack.com
After stability in early 2025, U.S. retail and dining traffic has declined for three straight months, with weakness spreading across states. Tariffs, income bifurcation, and Gen Z holiday cutbacks signal rising risks to consumer resilience heading into late 2025.| www.placer.ai