Here's your summary from Bloomberg Open Interest 07/16/2024 (https://www.youtube.com/watch?v=06-WAS2i8Z4) on the Bloomberg Television channel:
### TLDR:
Markets rally after stronger than expected retail sales, IMF warns of risks from higher interest rates, Trump picks J.D. Vance as running mate.
### Key Points:
1. Retail sales, excluding autos, rose in June, indicating resilient consumer spending.
2. IMF warns of risks to global growth from higher interest rates staying longer.
3. Former President Trump selects J.D. Vance as his running mate for the upcoming election.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro