Send me real-time posts from this site at my email
Zacks

Retail Sales Down. Consumer Sentiment Down. What Gives?

Zacks Chief Equity Strategist and Economist, John Blank, talks with me now about the Retail sector in light of the Delta variant.

1. John, even though Delta is helping to slow the economic recovery, overall retail sales for July fell just over 1%, and consumer sentiment slipped in the early part of this month, retail earnings reports overall came in strong. So, is retail spending what’s underpinning this economy?

2. Will the upcoming holiday shopping season tell the definitive story on retail and the economy?

3. What impact do you see tropical storm Henri having on earnings and the economy going forward?

4. What are the key stock market concerns now and what has already been baked into the cake?

5. So, is the stock market as high as it is due to the fundamentals driving this market?

6. Was it surprising that the emergency G-7 meeting on Tuesday of this week was not a market moving event?

7. Long term interest rates are slipping, the risk rally has extended to oil and the dollar may be positioned to rally. What does all that say about global markets and the global economy?

8. Stocks on your watch list now include O’Reilly Auto ORLY, CBRE Group CBRE and Canon CAJ.

Chief Equity Strategist & Economist, John Blank, on the global markets and economy. With John, I’m Terry Ruffolo.


5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
OReilly Automotive, Inc. (ORLY): Free Stock Analysis Report
 
Canon, Inc. (CAJ): Free Stock Analysis Report
 
CBRE Group, Inc. (CBRE): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue