Post #1608 by OrmontUS on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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Dropped into a local shopping mall today. Macy's had few sales-people on the floor, but they seemed to outnumber their customers. While there were some items on sale, their was little signage to show that this was a primary shopping event.

At Zara, the price tags were helpfully in both USD and GBP. Normally, one would expect that prices would be about the same after currency conversion. Today, however, all the tags showed about a 25% premium for buying in US dollars - presumably indicating the direct effect of recent tariffs in non-ambiguous form.

The only busy store in the mall was Primark (the low-end Irish clothing emporium)

Jeff

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