Looming decrease in spending to further impact the market

- Consumer spending hasn't fully corrected (people are still paying for more streaming services than they need 😅)

- As companies cut software and ad spend the companies they were paying for unneeded seats and paid acq for will have decreased earnings ( $Alphabet-A(GOOGL.US)$ , $Adobe(ADBE.US)$ , $Meta Platforms(META.US)$ , $Snap Inc(SNAP.US)$ , etc)

- Many institutions have already reacted to this, but there will be continued selling pressur