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":"799d1a19878cfbe0d6eeac62be454460","s":"58d8c47415f0219e"}
Share your thoughts. Click here