January retail sales? Worst for that month, on a year-over-year basis, in almost four decades; company-by-company details at the link.
Meanwhile, the Atlanta Fed governor seems to indicate more rate cuts are in the offing, while the Philadelphia gov dampened that talk earlier this week, saying the Fed still has to keep its eye on inflation. One side or the other will have to give; I think Big Ben Bernanke will have at least one more cut by mid-year, thus proving he is Wall Street’s lackey and Bubble Boy Jr.
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