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Post# of 649555
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lukin4winners

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Alias Born 11/20/2004

lukin4winners

Re: None

Wednesday, 11/16/2022 4:46:39 PM

Wednesday, November 16, 2022 4:46:39 PM

Post# of 649555
Retail sales were in line with analyst. Don't get this logic though:
Retail Sales Rise in Oct: Retail sales grew by a seasonally-adjusted 1.3% in October, demonstrating that the US consumer is still strong. The news sent stocks lower, as investors believe the report gives the Fed more reason to maintain its aggressive rate hike campaign.
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