RIP: Green Shoots
Retail sales fall 0.4% in April (0.5% ex autos), second straight monthly decline. Analyst consensus was 0.1% gain. Oops.
From The Southern Tip of Africa: A Collection of Great Essays, My Critical Take on the Financial Crisis, Forecasts, Precious Metals, Economics, Main and Wall Street and Anything Else That Could Assist in Trying To Understand Our New World of Economic, Political and Social Uncertainty. (And in case you are looking for information on "troy ounce", yes, precious metals like gold, silver and platinum, are being weighed in troy ounce which is 31.1035 gram)