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"Two-tiered" recovery could hinder long-term economic growth

Published Aug 14 2020 at 9:29 PM GMT
Key
Points
  • In the current earning season, retailers have reported divergent results.
  • The high end has been doing well, but those companies that cater to middle and lower income consumers have been struggling, and that pattern is likely to extend to consumers.




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  • Published Aug 14, 2020 9:29 PM GMT