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Daybreak Weekend: Holiday Shopping, BOJ Decision, Bitcoin ETFs

Bloomberg Daybreak: Asia Edition

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The State of the U.S. Retail Sector and Consumer Health

This chapter explores the strength of the U.S. retail sector and the state of the U.S. consumer amidst the holiday shopping season. It discusses the unexpected rise in retail sales for November but highlights that consumer pressure still persists, with most strength coming from non-store retail sales and food services. The chapter also touches upon the potential risk of consumers relying too much on credit cards and buy now, pay later plans.

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