Retail Sales Report

Stronger-than-expected Retail Sales report pushed Treasury yields higher.
The better-than-expected retail sales bodes well for GDP. Overall, consumer spending remains healthy because people have jobs.

Expect the Fed to increase rates until they don’t


Have a like thanks for the report.

Internal inflation numbers are softened excluding energy.

I doubt the FED hikes in an election year. No need anyway.

Consumer-led inflation is not much of a problem.

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