Trade Alert: Consumers Pulling in their Horns is Trouble For This Gourmet Food Service
Consumer spending has been the main contributor to the booming U.S. economy for the last few years. Now, with the coronavirus pandemic affecting daily lives of Americans, consumers will be curbing spending plans in favor of more savings and debt reduction. This means discretionary spending will fall. Jim and Scott target one popular gourmet food service facing this reality which will put pressure on its stock price as this crisis continues.