Research
April 16, 2024
Rising interest rates and recession fears are said to be behind the decline. Image credit: Bain & Company
By Zach James
The latest findings from global consulting firm Bain & Company showcase a stagnant market on a massive scale.
{"ct":"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","iv":"f0c4fa531043eced4bf0e52002e7c489","s":"53680ce7e8059ada"}
Share your thoughts. Click here