bearish

UK: Retail Gorges on Failing Normalisation

Phil has highlighted this Insight as a Top Pick
312 Views23 Jul 2021 21:18
Food sales offset widespread declines in opposition to the desired unwinding of retail’s rotation. Failure to normalise threatens the recovery’s extent: we still expect it to disappoint in H2.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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