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":"f73105ac312664ad8a4943786ab3f877","s":"e74c3080607bf34f"}
Share your thoughts. Click here