Tom Barkin on Why Central Banking Is on Hard Mode Now

Bullish:

• $CONSUMER - Consumer spending is showing signs of improvement, with retailers and manufacturers reporting a lift in spending starting from June and July. Credit card data indicates a significant increase in July, which has continued into August.

  • “I've been hearing the retailers I'm talking to and from the manufacturers I'm talking to of a lift in consumer spending starting in, you know, June, July. If you look at the credit card data, you'll see a big increase in July, which has continued the first two weeks of August.”

    Tom·15:11