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 creates risks and opportunities.
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
Editor, The Peter Dag Portfolio
Since 1977
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.
Buy my new book now
EASY WAYS TO BEAT THE MARKET WITH ETFs .
2 comments:
Thanks for the information provided. I think that the most important fact is that the economy is developing and growing and the speed of growth is not that important. The most important is to see the progress and development in a right direction. However, many Americans still don’t have an opportunity to save money and use quick easy loans to make ends meet.
Nice information on here, I would like to share with you all my experience trying to get a loan to expand my Clothing Business here in Malaysia. It was really hard on my business going down due to my little short time illness then when I got heal I needed a fund to set it up again for me to begin so I came across Mr Benjamin a loan consultant officer at Le_Meridian Funding Service He asked me of my business project and I told him i already owned One and i just needed loan of 200,000.00 USD he gave me form to fill and I did also he asked me of my Valid ID in few days They did the transfer and my loan was granted. I really want to appreciate there effort also try to get this to anyone looking for business loan or other financial issues to Contact Le_Meridian Funding Service On Email: lfdsloans@lemeridianfds.com / lfdsloans@outlook.com He also available on WhatsApp Contact:+1-9893943740.
Post a Comment