Retail sales down .1%
“This big December deterioration is not only a fundamental disappointment, but is and will add fuel to the fire of negative U.S. economic perceptions that kicked up along with 2016’s global equity market slide,” Guy LeBas, Janney Montgomery Scott’s chief fixed-income strategist, said in a note to clients.
“No way to put lipstick on this pig,” MFR Inc. chief U.S. economist Joshua Shapiro said.
“This big December deterioration is not only a fundamental disappointment, but is and will add fuel to the fire of negative U.S. economic perceptions that kicked up along with 2016’s global equity market slide,” Guy LeBas, Janney Montgomery Scott’s chief fixed-income strategist, said in a note to clients.
“No way to put lipstick on this pig,” MFR Inc. chief U.S. economist Joshua Shapiro said.
