They oughta be used to it by now..
I was just going through the Dallas Fed report. Retail is getting slammed, sales fell faster than in Mar; input prices rose but sell prices declined - margins shrank - 1st time since the covid. This generally indicates retailers are liquidating inventory to try to raise cash.
Also the service sector continued shrinking for 23rd straight month, yes, 23 straight months, and layoffs unabated.
So let’s all join stumpy and DM8 and the other circle jerkers and cheer this great economy. Don’t forget inflation is rising.
Bidenomics.
I was just going through the Dallas Fed report. Retail is getting slammed, sales fell faster than in Mar; input prices rose but sell prices declined - margins shrank - 1st time since the covid. This generally indicates retailers are liquidating inventory to try to raise cash.
Also the service sector continued shrinking for 23rd straight month, yes, 23 straight months, and layoffs unabated.
So let’s all join stumpy and DM8 and the other circle jerkers and cheer this great economy. Don’t forget inflation is rising.
Bidenomics.
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