In what analysts are calling potentially the biggest story, not just in the retail sector, but for the market in general, Grant Williams, author of Things that Make You Go Hmmm… and co-founder of Real Vision TV, outlines how to profit from the significant and persistent stress now apparent among US consumers. With high and low end retailers all suffering from sharply falling spending, sky high inventories and rapid declines in share prices, this edition of Expresso unpicks some staggering statistics which show just how strapped for cash US consumers are. As Grant sets out his strategy for some clever short ETF trades, this could be one of the more profitable ways to spend the next seven minutes.
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