LinkedIn·Tuesday, 25 August 2026·1d ago
US retail sales dropped 0.6% in July. Part of the fall is explained by Amazon moving its annual Prime Day from mid-July to June. The…
FinInfo
2,662 followers
US retail sales dropped 0.6% in July.
Part of the fall is explained by Amazon moving its annual Prime Day from mid-July to June.
The distortion matters, because the same week produced a second signal on the American consumer: the preliminary August University of Michigan Consumer Sentiment Index came in at 51.0, well below the consensus range of roughly 54.2 to 54.5.
For the Federal Reserve, the inflation picture is more comfortable.
The consumer price index edged up 0.1% in July after a 0.4% drop in June, the first decline in six years, while the producer price index was unchanged against a forecast 0.2% increase. That combination should allow the September meeting to pass without a move.
César Pérez Ruiz, Chief Investments Officer at Pictet Asset Management, adds that European companies are seeing their strongest earnings per share momentum since the post-Covid recovery.
https://lnkd.in/eEeBQAVU
♥ 2
View on LinkedIn Cross-referenced
Related on the wire
Engel & Völkers applique l'IA à l'estimation et à la vente immobilière. L'analyse prédictive repère les emplacements qui montent avant les…
Le S&P 500 a progressé de 3,6 % sur la semaine et atteint un nouveau sommet historique, porté par des résultats solides. L'emploi américain…
China staat voor 30% van de wereldwijde verwerkende industrie en verplaatste begin augustus een deel van zijn goud van Londen naar…
1,3 miljard euro beheerd vermogen, 1,5 miljard verwacht tegen eind 2026. ShelteR Investment Management groeit volledig autonoom, zonder…
L'IA n'est pas encore en bulle spéculative, estime Dr. Michael Heldmann, CFA, CIO Equity, Allianz Global Investors. Mais le risque s'est…
Acht aandachtspunten om uw zorgvolmacht nu al waterdicht te maken, door Pieter Haine, Senior Estate Planner bij Nagelmackers.…