HedgeyeRetail Visual: Discretionary Accelerating
07/10/12 02:55PM EDT
Consumption slowed in May, and yet discretionary categories accelerated on the margin. Energy is beginning to help, which people will probably point to as the root cause. But keep in mind that we just saw the biggest sequential jump in credit card debt in 5-yrs.
© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.