christmas shopping

Downturn Rising, No ‘Glitch’ In Retail Sales

By |2019-03-11T12:24:47-04:00March 11th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

You just don’t see $4 billion monthly retail sales revisions, in either direction. Advance estimates are changed all the time, each monthly figure will be recalculated twice after its initial release. Typically, though, the subsequent revisions are minor rarely amounting to a billion. Four times that? Last month, the Census Bureau reported that retail sales [...]

Retail Sales Landmine

By |2019-02-14T16:22:04-05:00February 14th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Ignore Black Friday and Cyber Monday. Those are merely an appetizer, an intentional preamble to whet the appetite of hungry consumers looking to splurge. The real action comes in December. People look, some buy, after Thanksgiving, but as anyone counts down the actual twelve days of Christmas and celebrates the eight crazy nights of Hanukkah [...]