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U.S. retail sales increased by the most on record in May after two straight months of sharp declines as businesses reopened, offering more evidence that the recession triggered by the COVID-19 pandemic was over or drawing to an end.
www.reuters.com
Yep. But to say the recession will last at least 3 years has no basis other than wishful thinking from someone who has used the 'R' word over 100 times under just their current username. Most long before the current crisis. Grain of salt is helpful.
I got an honest question: have you actually seen a recession?
You seem “green” to the concept. First, it’s a technical term that is defined by a period of retraction...
Second, they don’t end In a month...by definition
Third, severe loss in manufacturing and/or unemployment has a ripple effect that branches out for a long time. It’s the one thing that does actually “trickle down”...unlike wealth.
Stay tuned. Recessions are inevitable and actually help the Disney customer. Which is why I mention it “so much”. It’s been an important block on prices for the consumers to maintain some value. There are positives.
And one other thing...”current name” is a non-issue. I’m not 15...I don’t use multiple names to post, argue with myself, or “like” myself. Off that trail, bloodhound.
Do you know what theme or concept was being thrown around?
Whatever it is...it’s complete nonsensical WDI stuff based on the current climate. There really is no need and would have been a hard case to make 5 months ago.
Now I would assume conversion at the existing 3 would be the next priority whenever that happens...might be awhile