Economic Monitor: Retail Sales and China Vows on Tariff Retaliation

August 15, 2019. Retail sales, a Messier of consumer purchase for retail, online and restaurant sales climbed by .7%. A good news to the market compared to yesterday’s bond market warning of a slow down. This will give the market a breather for now. But still expect market volatility after China vows to retaliate for tariffs that are expected to take effects in the coming weeks.

SECTOR WATCH:

August 15, 2019. 10:50 AM New York time. Market Seems to be mix, with consumer staple +.70%, consumer discretionary +.49, and Communications +.10% sectors are at positive range. While the rest of the sectors renain at a Neutral range.

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