RE: Cost of Living Crisis5 Oct 2023 20:58
"when rates have never previously risen so aggressively" - What?
In the UK alone, rates rose from 4% to 15% in 1979, and from 6.5% to nearly 14% in 1989. There's been plenty of more aggressive rate hiking cycles in America. '79 was so aggressive it made Paul Volcker a household name.
You're immune to reality t4g. The data is there, but your insane obsession with Boohoo won't let you accept it.
You clearly are disputing it, else what is it you're asking, is it exactly 6 months? No, it is not likely to be EXACTLY 6 months. There is often a lag and on average, it's around 6 months, hence the ~... Now that means it can be longer or shorter, but there is often a lag, and averaged out, it is around 6-8 months.
Just for a change, why don't you just nod, go "huh, that's interesting" and not argue with every commenter on this board about things which are factually true and available for you to research YOURSELF. The links already posted show everything. Stop demanding explanations of others to fill in your lack of due diligence. It clearly isn't going to change your misplaced optimism in a fast fashion brand that went out of fashion at the wrong end of an economic cycle.