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tootalljones

05/16/23 11:31 AM

#35667 RE: BottomBounce #35658

this is another big miss: U.S. retail sales rose 0.4% last month following a downwardly revised drop of 0.7% in March, according to the latest data from the U.S. Commerce Department. Market consensus calls expected an increase of 0.8% in April’s headline number.
https://www.kitco.com/news/2023-05-16/U-S-retail-sales-miss-expectations-in-April-gold-price-trades-under-pressure.html
remember, 70 percent of the american economy is retail spending spending spending and shopping till you are dropping.