An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Retail stocks suggest worst is over for consumer spending
The S&P Retail SPDR has definitely turn up. It's a leading indicator and portends better retail sales numbers in the coming months. This is good news for the economy and the markets overall.
1 comment:
this analysis just proves again that the overhyped bull market was just as overhyped as a bear market.
everyone should have been buying in increments starting last December according to the chart.
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