Retail sales blow past forecasts
Aug 15, 2023 ·
5m 14s
Consumer spending confounds expectations in July, with an Amazon (AMZN) https://seekingalpha.com/news/4002867-retail-sales-come-in-strong-for-july-with-boost-from-amazon-prime-day-effect%20?source=wsb_podcast:retail_sales_blow_past_forecasts. (0:15) Sea Limited (SE) https://seekingalpha.com/news/4002810-sea-limited-plunges-as-q2-sales-miss-estimates?source=wsb_podcast:retail_sales_blow_past_forecasts after earnings. (2:40) More than 70 banks could face https://seekingalpha.com/news/4002832-us-banks-may-see-more-credit-downgrades-if-environment-weakens-fitch-says?source=wsb_podcast:retail_sales_blow_past_forecasts. (3:25) Sign up for...
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Consumer spending confounds expectations in July, with an Amazon (AMZN) assist. (0:15) Sea Limited (SE) tumbles after earnings. (2:40) More than 70 banks could face credit downgrades. (3:25)
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Show Notes
Money managers boost risk, dump REITs to Lehman levels
Electric vehicle sticker shock: Tesla introduces cheaper versions of the Model S and Model X
Michael Burry's Scion shorts stock market in Q2, exits bank stocks
Home Depot sees comparable sales fall 2% as big-ticket demand lags
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Sign up for our daily newsletter here and for full access to transcripts, analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.
Show Notes
Money managers boost risk, dump REITs to Lehman levels
Electric vehicle sticker shock: Tesla introduces cheaper versions of the Model S and Model X
Michael Burry's Scion shorts stock market in Q2, exits bank stocks
Home Depot sees comparable sales fall 2% as big-ticket demand lags
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