NYSE Traders Rethink Q3 Expectations After Disappointing Retail Data

October 16, 2019

U.S. retail sales fell by 0.3% in September, the biggest drop since February. This latest development is making traders at the New York Stock Exchange rethink expectations heading into the busy holiday season. Jonathan Corpina, senior managing partner at Meridian Equity Partners, breaks down consumer sentiment and economic expectations for the rest of the year.