Why I’m Not in Panic Just Yet over the “Dreadful” Retail Sales that “Fell Most Since 2009,” But Nervously Look at the Trend
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Consumer exuberance maxed out last summer and has since changed direction. The headlines today were all about retail sales that “fell most since 2009,” or as the WSJ put it, “at Fastest Pace since 2009,” or …
