Retail Sales
Posted by AskSuperZOct 15
Retail Sales!
The Dow just can’t stay up, no mater what anyone does. Every single time a bad report comes out the Dow drops like a bad habit. So today the Commerce Department reported retail sales decreased 1.2 percent last month, which was nearly double the 0.7 percent drop that had been expected. Once this report came out there went the Dow. Come on, did everyone not see this report coming. I could have told you that no one is spending their money, I’m not. A recession is coming, and I mean fast. Our Governments around the world are trying really hard to stop it, but it won’t be in time. There’s just too much red tape to cut through to get things moving. Anyway, this retail report killed my 401k and will take a long time to come back. Someone needs to do something, and do it fast. We need to stop the bleeding and not with a Band-Aid.
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