Macro Monday LIVE | Biden Withdraws from Presidential Race; Endorses Kamala Harris

Macro Specialist James Brodie and Research Analyst Harry Nedeljkovic weigh in on the latest news in the presidential campaign, discussing who the Democratic Party will select as a replacement for Joe Biden as their candidate, who will likely be chosen as a running mate, how Donald Trump’s could react, and subsequently how these critical decisions may affect markets. US June retail sales remain unchanged (0.0% m/m; est. -0.3%) while industrial production is up +0.6% m/m (est. +0.3%). Powell s...