Berro and Jones on Consumer Sentiment, Labor Market, Rate Cuts

US retail sales rose in July in a broad-based advance and the prior month was revised higher, though economists were cautious on the trend going forward given a softening jobs market and weaker consumer sentiment. Schwab Center for Financial Research Chief Fixed Income Strategist Kathy Jones and JPMorgan Asset Management Fixed Income Portfolio Manager Kelsey Berro has more on the story.

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