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Retail Sales, Initial Claims, PPI: Strong
November retail sales meet expectations, rising 0.3% in total (Consensus: +0.4%; Decision Economics: +0.1%) and holding steady ex autos (Consensus: unch; Decision Economics: -0.4%), with revisions minimal. But, compositionwise the report is probably stronger than expected, with the ex-autos, gasoline, and building materials total up 0.6%–with solid, or large, increases in most discretionary categories.
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
[private] [/private] Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts read more
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