Move along; nothing to see here. Retail sales have been flatter than a pancake the last three months. And this is in a STRONG jobs market?

https://twitter.com/Tony_Sagami/status/974146513134796801
https://twitter.com/OccupyWisdom/status/974409977040396288
https://twitter.com/OccupyWisdom/status/974443345295659009

The US Dollar continues to struggle for a footing as it can’t even reach previous trend lines anymore. The Atlanta FED shifts their call from 5.4 percent GDP to just 1.9 percent as the economic outlook weakens. JP Morgan and Goldman Sachs now see growth cooling. Disappointing retail sales numbers have also pushed sentiments negative for equities. We’ll discuss how the precious metals reacted this last week.

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

3 views