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Oil, Banks, ECB, Consumers, and Ned Lamont (Podcast)

Bloomberg Intelligence

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Retail Sales Report: Strengthening Consumers

Marie Driscoll, Luxury Retail Analyst at Core Site Research: Consumer is feeling constrained. Clothing was flat or off to 20 basis points versus a year ago. General merchandise stores grew up 2%. The real winner this month and really year to date has been health and beauty that showed a solid 7.8% gain year over year.

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