A discussion on the recent surge in US retail sales, particularly in June, and its implications on retail stocks and consumer behavior in the second quarter.
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Bloomberg News Economic Policy Reporter Chris Condon breaks down US retail sales data rising in June by the most in three months, a sign consumers regained their footing at the end of the second quarter. Anton Schutz, President at Mendon Capital Advisors, shares his thoughts on bank earnings. Kara Murphy, CIO at Kestra, talks about investing in an election year. Stefan Selig, Managing Partner at BridgePark Advisors, discusses potential risks from the US presidential election. Daniel de la Vega, President of ONE Sotheby's International Realty, shares the details of the firm's mid-year luxury real estate report. And we Drive to the Close with Kristy Akullian, Head of iShares Investment Strategy at BlackRock.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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