In The Week Ahead we gave Thursday’s April Retail Sales a ****, four out of five in market-moving muscle. If the release falls south of expectations it will tagged to higher gasoline prices; there will be little movement because the market crowd looks for lower gasoline prices past the flood. If the release exceeds or blows through expectations (+0.6%) the markets will be greatly cheered - even higher gasoline didn’t stop the consumer!
Keep it simple.
Robert Craven
Keep it simple.
Robert Craven
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