Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Jacob Aiken-Phillips and Michael Green give their takeaways from the May Retail Sales report. Michael thinks a lot of demand from China was pulled forward, showing up in strength in furniture and other areas. He thinks people are ignoring the weakening labor market and that tariffs are a “tax on consumption.” He’s also wary of student loan repayments restarting. Jacob notes that control group numbers were strong but doesn’t think we’ve seen the full impact of tariff prices yet. He likes Costco (COST) and Walmart (WMT) in this environment.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about