Listen "Strong Retail Sales, Fed Rate Cut, and Further Dollar Devaluation - (EP. 18)"
Episode Synopsis
In this episode, Scott Slayton, Partner and Chief Strategist at Capital Creek Partners, breaks down three key market themes for the week. Scott delves into the retail sales data, noting strong consumer spending in light of a weakening labor market. Additionally, he analyzes the Fed's rate cut and meeting, talking about the contradictory release and continued decline in perceived Fed independence. Lastly, Scott reiterates his belief in the dollar's continued devaluation in light of rate cuts, tariffs, and Fed credibility.
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