Part of the rise in retail sales is simply due to higher prices as inflation-adjusted sales peaked last April.
But real retail sales are still 15% higher than pre-covid levels. So demand remains strong irrespective of inflation. pic.twitter.com/Eh7HoDMrl4
— Charlie Bilello (@charliebilello) April 14, 2022
This week's AAII Bullish Sentiment reading came in at just 15.8%. This is the least bullish individual investors have been since September 1992! https://t.co/a4Qg3bMNbd #investorsentiment pic.twitter.com/2LPcVBwJ4V
— Bespoke (@bespokeinvest) April 14, 2022
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