Retail sales in the United States grew 0.6% sequentially in August 2023, beating forecasts of a 0.2% advance.
With inflation still stubbornly high and potentially another rate hike from the Federal Reserve ahead, how should investors position themselves for the summer months? Callie Cox, Investment Analyst at eToro USA and Matt Maley, Managing Director and Equity Strategist at Miller Tabak, tell Yahoo Finance Live about the sectors they are investing in and avoiding for the summer.
Broadcom's dividend and the potential growth of its AI business are just two reasons why Nancy Tengler, Laffer Tengler Investments CEO and Chief Investment Officer, likes the stock. Tengler also likes Spotify for its pricing power and fiscal discipline. As far as stocks Tengler is staying on the sidelines for, CVS and consumer staples top the list. Tengler explains why in an interview with Yahoo Finance Live.