Posted inChart of the Day

More inflation than meets the eye in US retail jump

US financial markets breathed a big sigh of relief April 15 when the government reported a 9.8% jump in US retail sales during March, showing recovery from February’s unexpected decline. Dare investors hope that the Jerome Powell Fed will find a Goldilocks path of buoyant growth with less-than-horrific inflation? That depends on whether you believe […]

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