Wealthion - Be Financially Resilient cover image

Caution! We're Being Fed Bogus Data | Stephanie Pomboy

Wealthion - Be Financially Resilient

00:00

Retail Sales - Did They Assume Something Different Than a 20% Decline?

The shift from December to January is the most dramatic churn we have of any month in the year. The average revision over the last five years to January retail sales has been a decline of 1.2 percentage points, which is massive. And you see a market that is seized on both the payroll employment report strength and the retail sales report strength indicating that the feds going to have to be far more aggressive.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app