
Squawk on the Street Cramer's Morning Take: Retail Sales 9/17/24
Sep 17, 2024
Jim and Jeff delve into the latest retail sales data, revealing a robust August, particularly in autos and gas. They discuss how these trends may influence Federal Reserve interest rate decisions amid a tight labor market. Anticipated interest rate cuts are also examined, alongside their potential impact on consumer spending and retail giants like Best Buy and Home Depot. Listeners are advised to brace for unpredictable market fluctuations as they navigate these economic currents.
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