Closing Bell: BlackRock's Rick Rieder on Inflation 7/16/24
Closing Bell
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Analysis of Amazon's growth, retail sales, consumer spending habits, and Nike's potential rebound
Discussion on Amazon's share increase, e-commerce margins, and AI shopping, alongside retail stocks surging post better-than-expected June sales. The chapter addresses consumer spending trends, revenge spending impact, shift to services, and insights on Nike's restructuring strategies, valuation, and potential rebound.
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Transcript
