Black Friday Sales, an iPhone Production Slowdown, and the Shortened Trading Day Ahead 11/25/22

U.S. retailers are bracing for a slower-than-normal Black Friday as inflation weighs on consumer demand. J. Rogers Kniffen Worldwide’s Jan Kniffen breaks down what to expect. Plus, the latest unrest and exodus of workers at Foxconn’s factory in Zhengzhou is adding to pressures on Apple’s production of the iPhone 14 during the company’s most important quarter. Hargreaves Landsdown’s Sophie Lund-Yates gives the latest. And, futures are pointing towards a higher open ahead of the shortened trading day. Advisors Capital Management’s Chuck Lieberman and Infracap’s Jay Hatfield discuss the markets.