Strong Retail Sales Spark Rally In Stock Market

MRKT Matrix - Thursday, August 15th Consumer spending jumped in July as retail sales were up 1%, much better than expected (CNBC) Walmart beats estimates, raises outlook as it sees stable consumer health (CNBC) Kroger Plans $1B in Price Cuts After Albertson Deal (Bloomberg) Wall Street volatility is breaking records and there are likely to be aftershocks, says UBS (CNBC) Investors Timing the Market See Biggest Hit on Sector Funds (Bloomberg) Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers (WSJ) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs Learn more about your ad choices. Visit megaphone.fm/adchoices