Noted this week that food prices at Wally World went down a little, five pounds of ground chuck went down four dollars or so, and other prices here and there shrank some. My vibes are that this is Election Conspiracy like gas prices being down.
“like gas prices being down”
I suspected this, too, but it might just be the effects of low demand because no one can afford anything (?).
Meanwhile, my company has frozen all open positions and is taking significant cost-cutting measures... probably well into 2025. Same for the other major companies in the industry.
Expect the jobs reports and revisions to be whatever helps Democrats before the election is decided. Then reality.