KG Explains "Not Great" Retail Sales, KO Earnings & Bitcoin's Slump

分组1: Business Inventories and Retail Sales - Business inventories saw a slight increase of 0.1% in November, which was below the expected 0.2% increase, indicating potential pricing power for retailers as they manage their inventory [2][3] - Retail sales data showed a flat performance, disappointing market expectations for a marginal pickup, which may lead to downward adjustments in GDP estimates [5][8] - The retail control group, which impacts GDP and PCE, reported a negative 0.1% change, while the market anticipated a positive 0.4% [8] 分组2: Coca-Cola Earnings - Coca-Cola reported revenue of $11.82 billion, missing the street expectation of over $12 billion, with a global unit case volume increase of only 1% in Q4 [15] - Weaker sales were noted in North America and the Asia-Pacific market, indicating potential pricing pressure on consumers [15][16] - Despite the earnings miss, Coca-Cola's stock only saw a decline of around 1.5%, suggesting a healthy pullback after a strong performance [17] 分组3: Commodities and Inflation - Gold is showing a healthier trend compared to silver, with upcoming inflation data expected to significantly influence the prices of both precious and industrial metals [24] - Copper inventories are increasing rapidly, with industrial companies slowing their purchases, which may lead to price declines in the coming weeks [26][28] - The market is closely watching the CPI data, as a cooler print could provide a bearish backdrop for industrial metals [28][29]