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U.S. Treasury yields surged to 4.80% after strong retail sales data surprised investors.

Tony Greer, founder of TG Macro and editor of the Morning Navigator, joins with Maggie Lake to discuss the market’s response to today’s surprisingly strong U.S. retail sales data, what it means for the potential of a U.S. recession, the outlook for the energy market, and more. You can find more of Tony’s work here: https://tgmacro.com

Today’s episode is sponsored by KraneShares KCCA ETF, the largest, most liquid, and only public market California allowance ETF. Please read the prospectus before investing in KraneShares. Learn more about the KCCA ETF here: https://kraneshares.com/KCCA/realvision. Investing involves risk. Principal loss is possible. KCCA is distributed by SEI Investment Distribution Company (SIDCO).

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