Episode Details

Ready to unravel the mysteries of the latest retail sales report? Buckle up, as I take you on a journey beneath the surface of these whopping numbers. We'll reveal the unexpected winners and losers, with sectors like autos, furniture, and electronics not quite riding the wave. But wait till you hear about the explosive growth of internet sales — all thanks to Amazon's Prime Day!

However, it's not all rosy, as we grapple with some hard-hitting questions about the potential sustainability of this consumer resilience. Will factors like higher gasoline prices, looming student loan repayments, and rising credit card debts be the straw that breaks the camel's back? Tune in as we also decipher the market's reaction to the report and its fear of an unending Federal Reserve tightening cycle. For all the investment enthusiasts out there, join me to gauge the market and the future possibilities. And always, feel free to reach out with your questions or comments at podcasts at verdence dot com. 

https://youtu.be/2zMUMTqInpE

Disclaimer:  material was prepared by Verdence Capital Advisors, LLC (“VCA”). VCA believes the information and data in this document were obtained from sources considered reliable and correct and cannot guarantee either their accuracy or completeness. VCA has not independently verified third-party sourced information and data. Any projections, outlooks 
or assumptions should not be construed to be indicative of the actual events which will occur. These projections, market outlooks or estimates are subject to change without notice. This material is being provided for informational purposes only and is not intended to provide, and should not be relied upon for, investment, accounting, legal, or tax advice. Past performance is not a guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance 
that the future performance of any specific investment, investment strategy, or product or anynon-investment related content, made reference to directly or indirectly in these materials will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. You should not assume that any 
discussion or information contained in this report serves as the receipt of, or as a substitute for, personalized investment advice from VCA. Due to various factors, including changing market conditions and/or applicable laws, the c...