Pepsi and Red Bull Just Confirmed the Worst-Case Scenario for the Economy
Just months after PepsiCo slashed prices by as much as 15% to win back cash-strapped shoppers, the company is preparing to *raise* them again. The cuts were supposed to revive demand after prices for some bags of chips climbed above seven dollars. But they didn’t work. In July, the company admitted consumers were under even more strain than expected.
Now Pepsi is trapped. And Pepsi isn’t alone...
Eurodollar University's conversation w/Steve Van Metre #News
Video Summary
AI GeneratedRecent economic data showing growth is interpreted as a \"timing illusion\" caused by panic buying and front-loading. As consumers and businesses rush to purchase goods before further energy-driven price hikes, a temporary surge masks a deeper contraction. Corporate struggles at Pepsi and Kroger highlight a severe squeeze where inflation outpaces income, signaling a looming economic downturn.