Latest / Markets with Megan: A Quick Financial Markets Update
035: The Latest Retail Sales Report: Winners, Losers, and Future Sustainability 08-15-23
Ready to unravel the mysteries of the latest retail sales report? Buckle up, as I take you on a journey beneath the surface of these whopping numbers. We'll reveal the unexpected winners and losers, with sectors like autos, furniture, and electronics not quite riding the wave. But wait till you hear about the explosive growth of internet sales — all thanks to Amazon's Prime Day!
However, it's not all rosy, as we grapple with some hard-hitting questions about the potential sustainability of this consumer resilience. Will factors like higher gasoline prices, looming student loan repayments, and…
The skinny
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