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WTF Chart Of The Day: Retail Sales Record High, Consumer Sentiment Record Low

WTF Chart Of The Day: Retail Sales Record High, Consumer Sentiment Record Low Following last month's ugly decline ("see the consumer is getting crushed because of Trump"), August's retail sales is expected to rebound strongly ("see, Trump's war is causing Americans to spend more on gas and less on Louboutin shoes"). BofA's omniscient analysts agree with consensus, seeing a 0.8% MoM jump... Quick reality check - July retail sales weakness was driven by a plunge in non-discretionary spending by higher income households... So, what did August bring? Headline US retail sales rose a...
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May 11, 2026 / Tyler Durden
'Mediator' Pakistan Hosted Iranian Military Aircraft To Insulate Them From US Attacks, Graham Fumes At Islamabad
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May 7, 2026 / William L. Anderson
Where California Went Wrong
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May 11, 2026 / Tyler Durden
A BrAIve New World For High Yield
A BrAIve New World For High Yield Authored by Luke Coha via BondVigilantes.com, As the world grapples with how AI will shape and change our lives going forward from the mundane, like automated homes or more clever apps, to more existential threats (opportunities?) leading to job and possibly sector obsolescence and related, broader social implications, it’s definitely well accepted that the demand for AI computing power is enormous and growing. Estimates vary, but they are all astronomical, ranging from $5 trillion to $7 trillion in capital investment needed to fund the global...
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