Did China's Reopening Fall Flat?
Check out our video recording on YouTube
Today we discuss recent retail earnings in the U.S. the lower-than-expected guidance from Home Depot and strength from Walmart and Target. We also discuss the Bitcoin 2023 conference and the current state of Bitcoin. We discuss China's retail sales and Industrial Output and how it came in under expectations. Nate talks about the new war on plastic and why consumers are switching back to cash for purchases due to problems with point-of-sale and issues in the banking system.
Please note: This content is not a direct recommendation for investment. Investing involves risk including the potential loss of principal. Not all investments are suitable for all people. Crosby Advisory Group, LLC is a registered investment advisor in Ohio, Florida, and Texas.