Early Morning with Dave

Early Morning with Dave

More Adverse News for Consumer/Retailer Stocks

Latest earnings reports show the consumer is not “resilient”

David Rosenberg's avatar
David Rosenberg
Jun 28, 2024
∙ Paid

Highlights

• Latest earnings reports show the consumer is not “resilient”

• Widening trade deficit to weigh on Q2 real GDP

• Auto insurance premiums are following used car prices lower

• Elevated inventories point to disinflation ahead for nearly one-third of the CPI

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