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Strong Retail Sales Spark Rally In Stock Market

Episode 61 Published 2 years, 2 months ago
Description

MRKT Matrix - Thursday, August 15th

  • Consumer spending jumped in July as retail sales were up 1%, much better than expected (CNBC)
  • Walmart beats estimates, raises outlook as it sees stable consumer health (CNBC)
  • Kroger Plans $1B in Price Cuts After Albertson Deal (Bloomberg)
  • Wall Street volatility is breaking records and there are likely to be aftershocks, says UBS (CNBC)
  • Investors Timing the Market See Biggest Hit on Sector Funds (Bloomberg)
  • Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers (WSJ)


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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets


Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs

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