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    Year-end holiday spending in the U.S. is coming in notably weaker this year than in the recent past, signaling that retail sales are set to end the year with a whimper, according to JPMorgan.

    • Pace of purchases on credit cards slower than 2020 or 2019
    • Latest variant could be depressing sentiment, economist says

    https://www.bloomberg.com/news/articles/2021-12-17/jpmorgan-sees-weak-holiday-spending-warns-of-retail-slowdown

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