It Kind of Looks Like the American Consumer is Dead, Not Just Taking a PauseHarrison Roger
American Consumer RIP
Economic indicators are noisy, meaning that there’s a lot of movement from month to month. There’s so much noisiness in economic indicators that it causes some market participants to downplay high frequency figures.
Yesterday's big figure - Retail Sales - could be one of those “just noise” figures. Retail Sales collapsed in March from 3.7 percent year-over . . .
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