Retail Retreat

Down 1.1% MoM (far worse than the 0.3% drop expected) and October’s 0.3% MoM rise was revised drastically to a 0.1% MoM drop.

Lockdown smackdown – electronics, clothing, clothing and gasoline.

Even Amazon got smacked around.

https://www.zerohedge.com/personal-finance/us-retail-sales-disappoint-tumble-most-april

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