March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected.


March Retail Sales: -0.4% vs. +0.1% expected, +1% prior (revised). Ex-auto -0.4% vs +0.1% expected.
Comments (29)
  • Cheesehusker
    , contributor
    Comments (409) | Send Message
     
    Unexpectedly
    12 Apr 2013, 08:35 AM Reply Like
  • bbro
    , contributor
    Comments (11223) | Send Message
     
    February retail sales revised down....
    12 Apr 2013, 08:36 AM Reply Like
  • GaltMachine
    , contributor
    Comments (2071) | Send Message
     
    Apparently tax increases affect consumer behavior and slow economic growth.

     

    Who could have predicted that?

     

    ;)
    12 Apr 2013, 09:46 AM Reply Like
  • bbro
    , contributor
    Comments (11223) | Send Message
     
    Yep definitely a sign...still the year over year real retail sales is positive...market needs a selloff...so this will help the correction cause....
    12 Apr 2013, 09:56 AM Reply Like
  • kmi
    , contributor
    Comments (4587) | Send Message
     
    It's been a crap year weather-wise... it eats into discretionary spending...
    12 Apr 2013, 08:41 AM Reply Like
  • Financehulligan
    , contributor
    Comments (1056) | Send Message
     
    Hey lets short Everything, it all got growth valueation - impossible!
    12 Apr 2013, 09:24 AM Reply Like
  • mickmars
    , contributor
    Comments (1312) | Send Message
     
    Payroll tax bitchez.

     

    They get rid of the one decent tax cut for working people and expect retail sales to do well?
    12 Apr 2013, 09:42 AM Reply Like
  • DougRonald
    , contributor
    Comments (206) | Send Message
     
    Maybe, but markets don't care. There is only great news, good news and less-bad news. Markets go up.

     

    Until they don't. Then we all have hell to pay.
    12 Apr 2013, 09:58 AM Reply Like
  • divinecomedy
    , contributor
    Comments (465) | Send Message
     
    I looked at the crystal ball and see an up day today. At 3:30 a levitation spell lift all markets except precious metals.
    12 Apr 2013, 09:59 AM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    Guys, sell everything and go triple short on this horrendous news. World is going to come to an end here.

     

    What I find funny is how the shorts that built up their position the past couple day are covering at the first little drop.
    12 Apr 2013, 10:00 AM Reply Like
  • mobyss
    , contributor
    Comments (2596) | Send Message
     
    Hmmm,

     

    How did the saying go back in 2006 when unemployment was under 5%:

     

    "Record Highs on Wall Street, Depression on Main Street!"

     

    But now with UE permanently stuck over 7% all we hear about is the "Recovery".
    12 Apr 2013, 11:47 AM Reply Like
  • David Urban
    , contributor
    Comments (1031) | Send Message
     
    So how is that recovery going? How many erasers are being taken to 1Q GDP or are we hoping for inventory restocking to prod the number higher?
    12 Apr 2013, 01:10 PM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    David, go triple short. What are you waiting for? Fed to stop QE?
    12 Apr 2013, 02:12 PM Reply Like
  • David Urban
    , contributor
    Comments (1031) | Send Message
     
    They can't stop QE. Every mention of a slowdown is met by a selloff and then the Fed puts it back on.

     

    The problem is every bubble needs an increasing amount of capital to sustain it.

     

    Looking forward to May. What is the market PE?
    12 Apr 2013, 04:44 PM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    So you are planning to declare victory when the market has its annual summer drop?
    12 Apr 2013, 05:22 PM Reply Like
  • Gregory Orr
    , contributor
    Comments (135) | Send Message
     
    GOP hard work to kill the recovery is paying off. Pretty obvious that if you take money out of paychecks of people who actually SPEND their money, then spending will fall, hurting everyone in the real economy. Interesting that both stocks and bonds are near all-time highs, indicating that people with money to invest... have plenty of it.
    12 Apr 2013, 01:57 PM Reply Like
  • GaltMachine
    , contributor
    Comments (2071) | Send Message
     
    Gregory,

     

    You blame the GOP for legislating Obama's economic policy?

     

    You do realize the tax increases effective Jan 1st, including the payroll taxes, were at the behest of the President, don't you?

     

    This was his plan. The GOP didn't want to raise taxes on anyone.

     

    FYI the Senate is controlled by the Democrats.

     

    Are you really this misinformed?
    12 Apr 2013, 03:25 PM Reply Like
  • Gregory Orr
    , contributor
    Comments (135) | Send Message
     
    No, I blame the GOP for obstructing everything Obama has tried to do to improve the economy for everyone. The GOP has fought ferociously to protect tax cuts for the wealthy, and the payroll tax increases were extracted from Obama as a bargaining chip to let the top Bush tax rates expire. I would agree that the Dems have a majority in the Senate, but the GOP policy of "Filibuster Everything" casts some doubt about who "controls" the Senate. Harry Reid is weak, but the Senate was not designed to run on a 60-vote majority to get anything done at all. The GOP wanted to keep taxes the way they were, which was a huge benefit to the wealthy, and a huge contributor to the debt problem.
    12 Apr 2013, 06:04 PM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    Why can't the poor simply earn more and become rich? That way they can also benefit from GOP policies. Why blame the GOP for failings on part of the poor?
    12 Apr 2013, 06:21 PM Reply Like
  • coolkennylee
    , contributor
    Comments (16) | Send Message
     
    Apparently it means nothing for the stock market. Afternoon buying happened to put a stop to all the bleeding from the morning sell off.

     

    Why fight the tide when you can ride it? We all know its short sellers that got squeezed 3 times, who are now reluctantly buying into every dip.
    12 Apr 2013, 05:19 PM Reply Like
  • KJP712
    , contributor
    Comments (469) | Send Message
     
    Too much snow on Easter.
    12 Apr 2013, 09:53 PM Reply Like
  • Nolesince87
    , contributor
    Comments (259) | Send Message
     
    I don't know why the GOP hates Obama so much... Republicans are supposed to be more well-to-do than lazy, mooching Democrats and their portfolios should be bursting at the seems.

     

    Obama has helped Wall Street more than any other President in history. Poor people think Obama is on their side when the record shows he has helped the rich become richer than ever.

     

    Are we really still the greatest nation on Earth when we have produced back-to-back incompetents as our Leaders for 8 years a piece?
    12 Apr 2013, 11:18 PM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    FED Ben has helped the market and it was started under BUSH with the SECRET traunch of trillions to almost every major company an many Gov's all around the world. The amount was greater than TARP Stimulus QE 1/2/3 And Twist 1/2 & un~end..That turned the world back up ! Truth was Obama fiddled all 4 years and hurt the recovery ! He did NADA !

     

    Funny, Bush saved GM and Obama's $s got there after Supreme Court ruling & those dollars are used to expand Mexico and blowout the size of China's plants.. Greatest shipping of US jobs in history ! Can you scream OUTSOURCE ! Go GOOG GM's China CEO an here him tell of the day when China will make all GM cars an US plants sold ! *>)

     

    In 5 years you'll see the devastation of the HCA and by Feb 2014 you'll see the horrific job losses and more destruction of wealth in the USA.. You get what you voted for and as Putin said ! "The ignorant gave Obama a second term " Boy did he nail that quote !
    14 Apr 2013, 10:26 AM Reply Like
  • HPBunker
    , contributor
    Comments (217) | Send Message
     
    Obamaphones are still selling like hotcakes...
    13 Apr 2013, 03:51 AM Reply Like
  • The Reader
    , contributor
    Comments (217) | Send Message
     
    "Why can't the poor simply earn more and become rich?"

     

    This sums up the Republican attitude. You wonder why you keep losing elections?
    14 Apr 2013, 01:03 AM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    Because we allow everyone to vote. Do you think the Founding Fathers intended that?
    14 Apr 2013, 10:17 AM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    The Founding Fathers knew that democracy was just as bad as the monarchy ! The beauty of the USA was the "Republic" ! They new many wouldn't nor shouldn't vote !

     

    That's what the Reps were for.And, even as important was State's could select there Senators. That was the key for the small States.. Gone now ! Sad that 30 Republican Governor's have only 44 Senators. Look at the horror the US has been subjected too because Senators can screw there own State for political loyalty !

     

    Now with most of the checks an balances gone and Senators elected instead of selected the Republic is lost. A plain old horrific democracy has emerged ! Aka MOB RULE and the ignorant surly out numbers the enlightened. That's why the poor in the cities will always remain on the Dem's payroll..

     

    Worst of all is the 4th check an balance! The public news ! Boy has liberalism infected that branch and lies equal truth ! Disgusting ! Good luck yawls.. I left !
    14 Apr 2013, 11:07 AM Reply Like
  • Macro Investor
    , contributor
    Comments (9252) | Send Message
     
    I agree. Anyone who doesn't vote Republican shouldn't be allowed to vote. The Founding Fathers knew this.
    16 Apr 2013, 01:56 PM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
     
    Weather ! Horrible weather stopped spring buying !

     

    And the FED.. The Minutes were the most hawkish Minutes in 3 years and the DOW was pounded off the new high ! .A whopping 0.04%.

     

    And that DOW spanking included the fantastic 3 lowlife symbols of MSFT INTC & HPQ.. Why those 3 pieces of garbage are still in the DOW is kinda embarrassing..

     

    Oh well..

     

    Now ! Japan will keep their FED like pumping an trying to drive the YEN lower and lifting their equities ,but,China is in a panic to keep the YUAN from rising ! That's why they will do the FED a favor and buy mega amounts of US Treasury paper too keep the USD up & slow the YUAN's rise. So, the Chinese are the new FED an don't fight the FED/China should keep the equities on most major Indexes around the planet the ONLY game.

     

    Again I say, yes the economy(s) is/are bad, but, currency devaluation BY DESIGN at G7 countries is worse. You have to see equities are the only safe currency ! Even Gold is following bitcoin ! In the tank.Banks are full of currencies and that makes the real banks in today's world multinational symbols.And, they offer yields way above Treasuries and bank accounts in G7 countries ! Also, above the phony inflation # an real # !

     

    LONG.. with tight stops,but, these retail sales are not slowing the rich from spending like banshees and they equal 5000 / poor folk in the retail numbers.And,US Gov programs are expanding giving the poor dollars to party with !
    14 Apr 2013, 03:47 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs