8/15 Thu 20:28 ET
— Ecoa Notes (@mestonecoa) August 16, 2024
• US July retail sales +1% MoM, coming up from -0.2% in June easing recession worries. Market roars $IXIC +2.3%, $SPX +1.6%, led by tech and consumer discretionary. Treasuries climbed as investors believe Fed will not execute steep cuts rapidly, starting with a… pic.twitter.com/b6YYOJtY5U