QI TAKEAWAY — Winners and losers in the retail space should be ranked by stagflation risk. The biggest headwinds are coming from Auto & Home-Related Goods. Tailwinds are in place for Staples and Restaurants. Auto and Home-Related Goods sales fell 4.2% MoM in May,...
QI TAKEAWAY — Buckle up for the start of the next round of survey data starting with today’s Empire State data out of New York. The inflationistas are poised to pounce on any sign that delivery times and prices paid are not abating culminating with Friday’s flash PMI...
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