Retail Sales

Retail Sales are the total amount of merchandise and related services sold to consumers.  It is considered a sign of strength of U.S. Consumer spending, which accounts for roughly two-thirds of the economy.  This indicator also provides insight into which areas of the retail space are experiencing strong sales, such as auto sales. Retail sales excluding food fell by .3% …

Retail Sales (Excluding Foods)

Retail Sales are the total amount of merchandise and related services sold to consumers.  It is considered a sign of strength of U.S. Consumer spending, which accounts for roughly two-thirds of the economy.  This indicator also provides insight into which areas of the retail space are experiencing strong sales, such as auto sales. Retail sales excluding food rose to 0.36% …

Federal Reserve

Yesterday the Federal Reserve gave us an idea of what they were thinking for 2019.  The market does not like it and is showing it with its actions.  It is my opinion, that both the market and the Federal Reserve are wrong. Let me explain. The Federal Reserve has a dual mandate; full employment and price stability.  As the chart …