Bathgems, I liked the, maybe, unintended pun about going into the tank.
Others have pointed out (at least for America), the rise in rates has eatin into peoples "extra" cash because so many people are spending beyond their means. The rates on credit cards, home eqs, etc, has gone up dramatically.
The good news is, it probably isn't your site. The traffic to our site remains strong, but in our industry people want to wait until the next Fed Meeting and then the next, etc. Once people can catch their breath, things will turn around.
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