These retail stocks can survive the trade war, analysts say

"Clearly, there's a lot of reasons to be worried," Nagel told CNBC's "Squawk Box" Friday. "But

"July retail sales suggested the consumer is still engaged," Martis said on "Squawk Box." "The worry is ... if retailers cannot make it in this state, just imagine in an all-out trade war recession. If a retailer can't make it now, what would happen then?" "The Refinitiv latest reading shows that the consumer is paying attention to all the sirens that are going off," Martis told "Squawk Box." "As a result, they are worried about their future job security.

Martis and Nagel agree that in an environment where so many retailers are posting negative guidance, Walmart's positive guidance was a good sign.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stocks end choppy session mostly higher after Wednesday routStocks ended a see-saw session mostly higher as investors balanced U.S.-China trade tensions and recession fears with upbeat data on retail sales and solid...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

Earnings Outlook for S&P 500 Companies Looks BleakWall Street analysts have cut third-quarter profit estimates, painting a bleak picture for investors already grappling with a trade war, economic weakness and ominous signs from the bond market.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »

Stocks whipsaw as conflicting trade-war signals confuse tradersThe Dow Jones industrial average and S&P 500 index rose slightly on Thursday, while the Nasdaq Composite fell.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »