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The John Batchelor Show

#ScalaReport: The retail recession & What is to be done? Chris Riegel, CEO Scala.com, #Stratacache

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 21 April 2023

⏱️ 10 minutes

🧾️ Download transcript

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#ScalaReport: The retail recession & What is to be done? Chris Riegel, CEO Scala.com, #Stratacache
https://www.msn.com/en-us/money/markets/reassessment-of-recession-risk-is-enabling-market-rally-strategist-says/vi-AA1a05ET

https://www.politico.eu/article/eurozone-recession-looming-politics-sanctions-russia-energy/amp/


Transcript

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0:00.0

I'm John Bachelor.

0:06.9

The American economy, the global economy, much in question because of bank results, because

0:12.0

of banking crisis, because of the Federal Reserve, and also because of business in the world

0:17.2

in general.

0:19.0

Following the recovery from the pandemic, is there a global slowdown?

0:23.8

This is the scholar report.

0:26.0

The global technology firm transforming the retail space with digital signage.

0:31.0

I welcome the CEO of scholar.com, Chris Regal, who is just returned from traveling in

0:36.2

Europe and can measure the economies there, e.U.D. in general, and then the parts of the

0:42.9

EU, compared to what we know in America as the expectation for recession.

0:49.2

Chris, welcome home in a very good evening to the word recession is now commonplace in

0:54.2

American conversation, especially at the market level, stock market.

0:59.6

In Europe, however, there have been mixed signals.

1:02.9

Avoiding a recession has been mentioned now and again.

1:06.2

The ECB is moving as aggressively as the Federal Reserve to tighten interest rates.

1:11.3

You traveled in several countries that have diverse approaches to prosperity.

1:16.2

France, for example, and the UK are on different tracks for capitalism and taxes.

1:23.2

You also traveled in Scandinavia or in the Netherlands.

1:27.5

What did you say in a sea in general of the EU, and are there stories where the recovery

1:33.6

is more advanced, such as Germany?

1:35.7

Good evening to you.

1:36.7

Good evening, John.

...

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