July Retail Sales Contradict Retailers

July Retail Sales Contradict Retailers

Tuesday’s Retail Sales report from the Census Bureau for July surprised to the upside, with stronger than expected motor vehicles and parts sales which were in sharp contrast with the weak sales reported by the auto manufacturers themselves. The report also showed an increase in sporting good sales, which is also in contrast to what […]

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Wage Gains? Once again mainstream gets it wrong

Wage Gains? Once again mainstream gets it wrong

This morning as I made myself my first of what is likely to be many cups of coffee given a rather poor night’s sleep, I found myself once again facepalming at the financial news media. First let’s look at the Earnings Report issued this morning from the Bureau of Labor Statistics. Yes, that was the […]

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