Let's face it, inflation is already having a major effect on advertising and there is no slowdown in sight. When companies have to tighten their belt, advertising is one of the first things to get slashed, and this is already happening across many industries. Meta is dependent primarily on advertising, so it will continue to be hit hard. I don't see the inflation slowing down and I don't see the situation improving for meta any time soon.
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I can see it recovering.