: T1:M Nothing has changed, except that we did see another confirmation concerning my outlook for increased consumer spending, thanks to a moderate rise in income and increased savings, according to Market Watch. It is true that today 1.2% gain in retail sales didn’t live up to the consensus estimate of 1.3%. But it also true that May 1.2% uptick is much better than April 0.2% gain. The fact that all global markets chased one tall tale or another , left some dizzying trading days with no ultimate retreat or advance in the markets to show for it. TEMPORARY FIX FOR AD UNIT To continue reading, please subscribe. Already a Subscriber Log in Subscribe Now And get 4 weeks free Actionable trading strategies Easy-to-follow guidance Weekly market navigational tool More from Market Watch
(news.financializer.com). As
reported in the news.
Tagged under , global markets topics.