Eurodollar University Retail Sales Just COLLAPSED Signaling a Major Economic MELTDOWN
Feb 16, 2025
Retail sales in January took a surprising plunge, sparking concerns about a potential economic downturn. Weather was a factor, but deeper issues like inflation and stagnant wages are driving consumer spending changes. A major retailer warned of a rough 2025, hinting at ongoing economic challenges. The discussion contrasts analysts’ optimistic views with stark data from the Census Bureau, revealing a worrying trend of declining spending and slowing production across various sectors, especially in autos.
Chapters
Transcript
Episode notes