Retail Sales Slow Sharply (Again)

By |2016-08-12T11:27:42-04:00August 12th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

For the most part in 2016 retail sales had been better. “Better” is, of course, a relative term, and despite intentional colorization with respect to these types of economic accounts doesn’t automatically equate to “good.” Consumer spending data throughout 2015 was simply atrocious, not just on par with past recessions but among some of the worst months in the history [...]