Retail sales were flat on a year-over-year, not seasonally adjusted basis.

October 17, 2024 9:17 am by CWR

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Retail sales were flat on a year-over-year, not seasonally adjusted basis.

But sure, keep telling yourself that they were strong. https://t.co/Bk32ws1gam pic.twitter.com/599ZHgCNRB

— Neely (@NeelyTamminga) October 17, 2024

See also China's retail sales miss expectations. The yuan is fixed below 7.20, and 10-year yields drop to 1.75%, marking the steepest drop since September 2008.

See also Retail APOCALYPSE! Macys and Foot Locker ARE DOOMED!