Retailers Begin Reporting This Week, But The Delta Variant Is A Big Wild Card

Retail earnings have never been better, but the delta variant remains the wild card. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash or more leisure time than in the past year. There’s commodity inflation, but most retailers can pass on the higher costs. Because the consumer is flush, there is less resistance to higher prices. Read more at CNBC.