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Barings (Europe)

2020 Top 500 ranking: 68

COVID-19 Cases May Curtail Consumer Demand

COVID-19 Cases May Curtail Consumer Demand

U.S. retail sales rose in June to realign with pre-crisis levels, though tightening restrictions and rising COVID-19 cases following the data seem to be weighing on spending. The Manufacturing PMI is expected to improve in July, and a new trade deal is in the works.

Barings

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