7/16/16

Retail sales...bad news


Retail sales jumped +0.6% in June. But do not get too excited. Retail sales were up +2.7% y/y, which is what happens when the economy is in a recession (see above chart).

The point is the economy is still growing slowly. This situation create risk and opportunities.

Investment implications are discussed in depth in each issue of The Peter Dag Portfolio.

You will encourage my timely update of this blog on the economy and financial markets by entering a subscription to The Peter Dag Portfolio

Thank you for visiting this site.

George Dagnino, PhD
Since 1977 
Author, Profiting in Bull and Bear Markets

Disclaimer. The content on this site is provided as general information only and should not be taken as investment advice nor is it a recommendation to buy or sell any financial instrument. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.



1 comment:

Anna Thomson said...

Measuring consumer demand for finished goods, retail sales help gauge the pulse of an economy and its projected path toward expansion or contraction. As a leading macroeconomic indicator, healthy retail sales figures typically elicit positive movements in equity markets. Still, some people are searching for quick and easy cash for emergency to make ends meet between paydays and pay for utilities.