In Search of the US Consumer - Where are they Spending? - Daily Securities Finance Report

What drives GDP? Experts say that consumer spending is the main driver of GDP in the US. We will look at the retail sector to see long and short investor sentiment following Friday’s announcement on US GDP. It is worth observing that investors are piling into low end retailers including 99 Cents Only Stores while luxury brands and car sellers are subject to high and rising levels of short interest.

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