RealVision
Are Weakening Retail Sales a Sign of Increasing Inflationary Pressure?
Real Vision senior editor Ash Bennington welcomes back to Tony Greer of TG Macro to provide an update on his framework, the sectors he’s watching, and his thoughts on inflation. Greer analyzes whether the 1.1% fall in U.S. retail sales in July points toward more of a shift in consumer preferences or whether it’s more indicative of price inflation pressures, and he and Bennington also discuss what sort of knock-on effects China’s crackdown on tech will have on markets, particularly on the tech sector, as the NASDAQ Golden Dragon Index continues to suffer from declines. Finally, Bennington provides a brief update on the Poly Network hack.
