- Stifel Nicolaus Chief Economist Lindsey Piegza provides some analysis to Seeking Alpha on today's retail sales print.
- "While consumers may be increasingly optimistic regarding the future for the U.S. economy as the Trump administration (potentially) ushers in a series of pro-growth policy initiatives, at least for now, consumers are waiting for the proof before buying the pudding," Piegza writes.
- "At this point, most Americans are still feeling the pinch from rising health and housing costs against the backdrop of still-modest income gains," she adds.
- Previously: Retail sales fall short of estimates (Jan. 13)
- Previously: Auto and Amazon prop up retail sales (Jan. 13)
- ETFs: XLY, XRT, VCR, RTH, RETL, FXD, FDIS, RCD, PMR, CNDF, FTXD, JHMC.