Yield Hunting

Yield Hunting

Morning Note | July 16, 2021

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Yield Hunting
Jul 16, 2021
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Good Morning!

Futures are looking up as retail sales unexpectedly rose in June by 0.6%. The expectations were for sales to fall 0.4%. This is helping to assuage growth fears of a receding economy and weak consumer (which I think is ridiculous). Recovery stocks have taken a beating in the last several days on this "growth scare" along with a resurgence in…

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