Companies that rely on disposable income are laying off big.
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Today on Zerohedge: Amazon puts a pause on building warehouses as sales slip.
Recession is back on the menu boys!
"....Amazon spent billions of dollars doubling its fulfillment network's size in North America during the virus pandemic. MWPVL International Inc., which tracks Amazon's real-estate deals, said the company canceled plans to open 42 US facilities totaling almost 25 million square feet this year. "
https://www.zerohedge.com/markets/amazon-suspends-construction-new-warehouses-spain-consumption-boom-falters