US Retail Sales Slump In July As Stimmy Spending Stalls

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US Retail Sales Slump In July As Stimmy Spending Stalls

zerohedge2021-08-17

Following June's very modest rise in retail sales, analysts are expecting a stimmy-less American public -whose buying attitudes have utterly collapsed along with sentiment- to spend less in July (-...

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SilverAmour
·2021-08-17
Need to teach/enable them how to fish, not spoon feed them fish? ?
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2
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fatpistachio
·2021-08-17
How many iphones can u keep buying????
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- fatpistachio:
  yup
  2021-08-17
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forces
·2021-08-17
Drop more
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- PeiYi99:
  Yeah
  2021-08-17
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- Delvin:
  No
  2021-08-17
  Reply
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- ZStarWyvernZ:
  cool
  2021-08-17
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PanaCota
·2021-08-17
Hi
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- Watercloset:
  Ok
  2021-08-17
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BBBBBBBBBB
·2021-08-17
Hi
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- LW100:
  Comment
  2021-08-17
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markkk
·2021-08-17
no
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KYHBKO
·2021-08-17
not sure if constant stimulus is the only way to save the economy ...
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- markkk:
  dk bro
  2021-08-17
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US Retail Sales fell 1.1% MoM in July - almost four times worse than the 0.3% slide expected\nSource: Bloomberg\nUnder the hood, motor vehicles, clothing, and non-store retailers (online) all saw sales tank...\nThis is not the self-sustaining recovery you were looking for...\nSource: Bloomberg\nFinally, most concerning is the 1.0% tumble in the control group data, which slots right into GDP. That is five times worse than the 0.2% decline expected!\n\nSource: Bloomberg\nGet back to work Mr.Biden... 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sure if constant stimulus is the only way to save the economy ...&nbsp;","listText":"not sure if constant stimulus is the only way to save the economy ...&nbsp;","text":"not sure if constant stimulus is the only way to save the economy ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/833335420","repostId":1186807543,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5556290,"gmtCreate":1629205195915,"gmtModify":1663232506228,"authorId":3576420733683738,"author":{"id":3576420733683738,"idStr":"3576420733683738","authorId":3576420733683738,"name":"markkk","avatar":"https://static.tigerbbs.com/df42d8e8fb0e4c7a09fcf6592b170a1e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":833335420,"type":1,"supId":0,"prevId":0,"content":"dk bro","text":"dk bro","html":"dk 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