Bloomberg Market Wrap 11/16: Retail Stocks, Credit Default Swaps

The video discusses the performance of department stores and retailers, highlighting a significant drop in their market value due to increased spending on customer acquisition and a focus on discounted items. It also covers the weakening credit market, with a notable decline in credit default swaps and investment grade bonds. The video concludes with an overview of the market's performance, emphasizing the impact of iPhone demand, chip stocks, and bond yield trends on overall market volatility.

What factors contributed to the decline in department store performance this week?

How have retailers adjusted their strategies to attract customers according to the text?

What historical context is provided regarding Black Friday shopping trends?

What trends were observed in the credit default swap indexes mentioned in the text?

What does the text suggest about the performance of investment grade credit in the United States this year?