U.S. Aug. retail sales up 2.7% vs. 2.3% expected

[ASusilovic]

U.S. Aug. retail sales ex-autos up 1.1%

U.S. Aug. auto sales up 10.6%, most in 8 years

U.S. Aug. retail sales ex-autos, ex-gas up 0.6%

 

[Rickshaw Man]

Obama is a damm good liar. I have never seen a prez that can lie so easily.

 

[cleveland45]

Until NFP turns positive.........I am an unbeliever.

 

[S2007S]

Sounds like great news, keep buying equities, they should double again in the next 6 months.

 

[satchel]

They already did once! Why not.
Plus the American consumer doesn't fatigue easily.

 

[S2007S]

Quote from satchel:

They already did once! Why not.
Plus the American consumer doesn't fatigue easily.

The american consumer will never get tired of shopping. They can be 30k in debt paying 15.99% interest on that making minimum wage and still run out and buy a $100 pair of shoes.

 

[Ivanovich]

Quote from ASusilovic:



U.S. Aug. auto sales up 10.6%, most in 8 years

I love this stat. I'll bet we could get home sales to go up that much if we subsidize the purchasing with government handouts.

Oh, crap. Wait...

 

[Free Thinker]

enough of this good news. we need more doom and gloom postings on this site. good news erodes the wall of worry needed for the market to climb.

 

[Kassz007]

The fact that retail sales didn't decline is bullish. Bears are convinced of a horrible Q4 for retail. Me? Not so sure...

 

[ba1]

Clunkers and bear mkt rally related surge of sales. US spent, or promised, $3b in 1 month instead of $1b in 5 months. After the sugar shot and coke party, economy may crash and need detox. Consumer will be crunched as M3 contracts (M3 contraction note is in WSJ).