Note. It’s interesting that despite the retail sales number, which was an unusually big number, the Atlanta Fed REDUCED its GDPNow forecast for the third quarter to 2.8%SAAR from 2.9%.
@clifftanch my opinion is that the retail sales we just got is a head fake. Auto sales (tesla) may have skewed it. I think Atlanta fed is on the right track.
will be curious what the FED thinks of the retail sales data
Note. It’s interesting that despite the retail sales number, which was an unusually big number, the Atlanta Fed REDUCED its GDPNow forecast for the third quarter to 2.8%SAAR from 2.9%.
@clifftanch my opinion is that the retail sales we just got is a head fake. Auto sales (tesla) may have skewed it. I think Atlanta fed is on the right track.
retail sales .... wow