In this clip from The Macro Show, guest host Brian McGough walks through the Top 3 things he’s keeping an eye on in the abysmal Retail sector.
“A couple of clients were like, ‘Brian, you said you’d be getting more bullish around the May-June time period.’ I did say that. The plans changed because earnings expectations just didn’t come down enough,” explains Hedgeye’s Retail analyst. “I can count on one hand the number of companies who actually lowered expectations to a realistic level in the back half of this year.”
Watch the full clip above.
