Whether Drop in U.S. Retail Sales in July Indicate Fed’s Tapering Would be Inappropriate?
U.S. retail sales fell in July by more than forecast, reflecting a steady shift in spending toward services and indicating consumers may be growing more price conscious as inflation picks up.
The value of overall retail purchases dropped 1.1% last month following an upwardly revised 0.7% increase in June, Commerce Department figures showed Tuesday. The median estimate in a Bloomberg survey of economists called for a 0.3% decrease. Excluding autos, sales decreased 0.4% in July.
Aluminum: Too Common and Apparent to Overlook!
An interesting investment idea is hidden in the periodic table under the lucky number 13.
Monster Energy is not Your Casual Can of Coke
Last week, Monster Energy (MNST) saw a +1,000% increase in search traffic from institutional advisors.
Being Fans of Electric Vehicles, Norwegians Still See Nothing Wrong about Oil
Norwegians own a record number of electric vehicles per capita in the world. But their passion for Tesla and Audi products does not prevent them from loving oil.
