Trade Alert: 300% Upside As A Slowing Economy Endangers Retail Profits

Earnings for retail companies have skyrocketed in the past several quarters because consumers were flush with stimulus checks and had a smaller than usual menu of services to consume. But the Fed is tapering QE into an economic slowdown. Money velocity in the real economy may have been high in 2021, but that’s very likely to change. Jim and Dan focus on one of the world’s largest retail ETFs and the combination of higher labor costs and slowing growth should depress sentiment and lead to selling pressure in the months ahead.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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