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US Retail Sales, TSMC Earnings

Bloomberg Intelligence

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Retail Resilience and Tech Triumphs

This chapter analyzes the latest retail sales data, revealing consumer strength amid inflation concerns, with a focus on sectors like food and clothing. It also highlights the positive outlook for the upcoming holiday season and discusses inventory and promotional strategies retailers might adopt. Additionally, the chapter covers the impressive performance of Taiwan Semiconductor Manufacturing Company (TSMC) in the tech sector, particularly its impact on AI chip demand and the broader semiconductor market.

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