Are Weakening Retail Sales a Sign of Increasing Inflationary Pressure?

Published on
August 17th, 2021
Duration
34 minutes

Will China’s Slowdown and Taper Talks Derail The Reflation Trade?


Are Weakening Retail Sales a Sign of Increasing Inflationary Pressure?

Daily Briefing ·
Featuring Ash Bennington and Tony Greer

Published on: August 17th, 2021 • Duration: 34 minutes

Real Vision senior editor Ash Bennington welcomes back to Tony Greer of TG Macro to provide an update on his framework, the sectors he’s watching, and his thoughts on inflation. Greer analyzes whether the 1.1% fall in U.S. retail sales in July points toward more of a shift in consumer preferences or whether it’s more indicative of price inflation pressures, and he and Bennington also discuss what sort of knock-on effects China’s crackdown on tech will have on markets, particularly on the tech sector, as the NASDAQ Golden Dragon Index continues to suffer from declines. Finally, Bennington provides a brief update on the Poly Network hack.

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