Relevant and even prescient commentary on news, politics and the economy.

March retail sales were all about front-running T—-p’s tariffs

 – by New Deal democrat Normally real retail sales is one of the indicators I treat as most important, because it tells us so much about consumer behavior, which is not only 70% of the economy, but also has a lengthy track record for leading both employment and the coincident indicators for recession. Not this […]