Oz Blog News Commentary

Bull or bear market rally?

February 15, 2019 - 14:00 -- Admin

Via Damien Boey at Credit Suisse: Overnight, we received very disappointing US retail sales data. Headline nominal sales fell by 1.2% over the month, their sharpest monthly decline since the financial crisis. Notwithstanding ongoing strong job creation, consumption weakened on the back of low confidence and market turbulence.   We estimate that year-ended growth in

The post Bull or bear market rally? appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]