When was the last time retail was worthy of discussion, other than to wishcast over its demise?
Consumer spending for March was weaker than expected, unchanged compared to a +0.2% estimate.
On Friday, GDP came in at the slowest pace since 2009 — yet the Federal Reserve is full hike mode — attempting to derail the economy and crack it asunder.
“Consumers still have a lot going for them: a tightening labor market with rising income growth, solid consumer confidence readings, a strong assist from rising stock and home prices, and mortgage rates that have fallen back since the March highs,” Scott Anderson, chief economist at Bank of the West in San Francisco, said in a research note before the report.
Disposable income increased by 0.5%, up 2.4% over the past year. Estimated were for an increase of 2.2%. The saving rate increased to 5.9% from 5.7% in February, as America hordes cash and prepares for nuclear holocaust.
Also, the price index tied to consumer purchases fell by 0.2% — the first decline since February of 2016 when the world was ending due to a Chinese collapse.
Let’s get in there and stop all of the maddening inflation and hike rates, Ms. Yellen.
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Some way, somehow, can we please get rid of the fat grandma at the Fed.
And replace her with pudgy Cohn? BTW, any estimates when the FED will be headed by, like…, a Catholic, Presbyterian, Muslim, Buddhist, etc. ? Yeah, I thought so too….
The Joos! The Joos! “Sac” = “nutjob”
Shlomo, you will not be getting a participation trophy unless your trolling improves. Just as yesterday, your comment covers only Rule #3, #4, and #11 for Trolls:
https://tinyurl.com/mo68src
Your options from here on are as follows:
1) Yet again, default to Rule #3, #4, and #11 like a retard.
2) Show creativity and implement the rest of the rules for trolls and continue trolling.
3) Actually contribute something useful to this discussion.
4) Come up with your own credible counter-argument to my comment so that
the rest of us can actually learn something new.
5) shut the fuck up and go away since you have nothing of substance to contribute to the discussion.
So, what’s it going to be, Shlome?