bearish

UK: Retail Rebounds to Still-Bleak Trends

362 Views18 Nov 2022 18:11
Retail sales rebounded with working days after the Queen’s funeral. It also appeared to draw support from Amazon’s Prime Early Access sale. Rate hikes should depress retail's trend below real incomes.
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Phil Rush
Chief Economist
Heteronomics
United KingdomMulti-AssetMacroeconomicsCross Asset Strategy
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