Episode Details
Back to EpisodesRetail Sales Report: Looking into Consumer Spending | Episode 72 | 11-15-23
Description
Megan Horneman, Chief Investment Officer at Verdence Capital Advisors, breaks down the October Retail Sales Report. Megan focuses on a notable slowdown in consumer spending, particularly on big-ticket items like automotive and furniture. However, while some sectors like electronics and food still show strength, she cautions viewers about the unadjusted nature of these figures. As we approach the holiday season, Megan talks about how the report could suggest challenges for consumers.
https://youtu.be/5Fh5hw1gqD4
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