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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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
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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... Americans need their stimmies!!","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":833113304,"gmtCreate":1629209829908,"gmtModify":1676529967485,"author":{"id":"3583236619050551","authorId":"3583236619050551","name":"SilverAmour","avatar":"https://static.tigerbbs.com/256e43ac204526854425faac738b3a5c","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Need to teach/enable&nbsp;them how to fish, not spoon feed them fish? ?","listText":"Need to teach/enable&nbsp;them how to fish, not spoon feed them fish? ?","text":"Need to teach/enable them how to fish, not spoon feed them fish? 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more","listText":"Drop more","text":"Drop 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