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[quote=Anonymous][quote=Anonymous]Just my observation as an American consumer - grocery prices seem to be going down from the peak and my inbox is filled with emails from retailers touting huge markdowns on warm weather items (and it's the beginning of June). I just bought new outdoor furniture for almost 50% off and summer clothes are a bargain.[/quote] That’s not a good sign. Retailers are dumping excess inventory because consumers aren’t buying. That always happens at the beginning of a recession. And I haven’t noticed reductions in grocery prices. To the contrary. [/quote]
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