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May Retail Sales: +0.6% vs. +0.4% expected, +0.1% prior. Ex-auto +0.3% in-line with...

May Retail Sales+0.6% vs. +0.4% expected, +0.1% prior. Ex-auto +0.3% in-line with expectations.
Comments (3)
  • bbro
    , contributor
    Comments (9844) | Send Message
     
    Retail Sales ex Gas y-o-y up 5.1%....no recession...
    13 Jun 2013, 08:35 AM Reply Like
  • Tack
    , contributor
    Comments (13562) | Send Message
     
    Notice the complete disconnect between economic reports and trading:

     

    Unemployment claims - down
    Import and export prices - down
    Retail sales - up

     

    This data indicates continued economic expansion and not the slightest pressure on inflation or interest rates.
    13 Jun 2013, 08:41 AM Reply Like
  • june1234
    , contributor
    Comments (2664) | Send Message
     
    A yr over yr chart of retail sales shows they've been in a steady downtrend since June of 2011 when they went up 8%+ vs the 4.3% headlines are screaming about today.Its always bout the Fed. If they use appropriate language markets will jump forward if they don't they will continue South
    13 Jun 2013, 07:41 PM Reply Like
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