World Cup Hangover Triggers Retail Sales Slump In July, K-Shaped Economy Waning

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Source: Zero Hedge
Published: 2026-08-14 22:38 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Business, Economy & Finance, World News, Business & Economy
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Snippet:
Based on BofA's almost omniscient analysts, traders should expect a big disappointment this morning from US retail sales as the bank's data showed a huge drop in online retail (card not present) in July...
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