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Globetrotting with Liz Young

MRKT Matrix

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The Price of Retail Names in the Economic Environment

I think it's starting to be priced in because we have to remember that what's happening in the retail names might be different than what's happening today, right? If the market is ahead of this, you've got traders out there, maybe institutional traders, maybe people like me, right? Maybe technicians. I'm assuming now that technicians have jumped onto it because it broke down. We're anticipating that consumers are going to change their behavior in a way of actually slowing down, spending overall,. So those retail names probably leading that part of the economic environment. But for some reason when it's growing higher than expected, they take it fairly seriously.

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