Hedge funds are selling U.S. consumer stocks at the fastest pace in five years!
Selling off American hotel and restaurant stocks, is "smart money" voting with their feet against the U.S. economy? Recently, financial reports from American chain restaurant giants like Papa Johns and Chipotle have been disastrous, leading to a sharp decline in stock prices, indicating that the consumption of low-income groups and even middle-class groups in the U.S. has significantly contracted. Meanwhile, consumption among high-income groups in the U.S. remains robust, showing a significant "K-shaped" trend in the U.S. economy
Selling off American hotel and restaurant stocks, is "smart money" voting with their feet against the U.S. economy?
Recently, financial reports from American chain restaurant giants like Papa Johns and Chipotle have been disastrous, leading to a sharp decline in stock prices, indicating that the consumption of low-income groups, and even middle-income groups, in the U.S. has significantly contracted.
Meanwhile, consumption among high-income groups in the U.S. remains robust, showing a distinct "K-shaped" trend in the American economy.
