Disappointing PPI, Retail Sales // Ema David of AAG // Lumber Prices Falling Fast - 6/15 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

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(0:28) - Markets opened lower following the release of a slew of economic data, most notably the Producer Price Index (PPI) and retail sales. PPI showed major increases across the board, including a 6.6% increase year over year.(13:06) - Ema David of the Armstrong Advisory Group joined the show to take a deep dive into the retail sales numbers, which included a 1.3% decline in the month of May vs. expectations of a 0.6% drop.(26:08) - Lumber prices are falling fast from their peak of $1,711.20 a month ago, as many who were hoarding the commodity scramble to sell and unload it.(34:42) - Well-known mall stores such as Express, J.Crew, and Urban Outfitters have begun selling their products in many places online. One place they are not operating: Amazon.