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2023 Top 500 ranking: 79

Shoppers Keep Spending, But For How Long?

Shoppers Keep Spending, But For How Long?

A risk-off tone was prominent this week in markets amid rising worries of stagflation, given aggressive monetary policy. Despite the solid U.S. retail sales data, retailers led a sharp decline in equities mid-week, which pushed U.S. Treasury yields lower.

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