It wasnt just tech either though, both McDonalds and Starbucks are doing worse than expected, and a lot of economist/stock people look to those companies as indicators for how the poors and bougie poors are doing with spending.
Amazing that you can't just jack up prices of commodities without raising wages forever and not have line go up more and more steeply each quarter. Nobody could have predicted that.
It wasnt just tech either though, both McDonalds and Starbucks are doing worse than expected, and a lot of economist/stock people look to those companies as indicators for how the poors and bougie poors are doing with spending.
Amazing that you can't just jack up prices of commodities without raising wages forever and not have line go up more and more steeply each quarter. Nobody could have predicted that.