So there you have it: a 11% collapse in retail spending has just been spun as super bullish for the US economy, whereby US consumers aren't spending because the economy is simply too strong, and the only reason they don't spend is because they will spend much more later. Or something.
... zitiert Zerohedge die FED-Economy-Versteher. Und schließt den Artikel mit der etwas provokanten Feststellung:
Besser kann man's nicht ausdrücken ...So to summarize: holiday sales plunged, and Americans refused to shop because the economy is "stronger than ever" and because Americans have the option of shopping whenever, which is why they didn't shop in the first place. That, and of course plunging gasoline prices leading to... plunging retail sales, just as all the economists "correctly" predicted.Goebbels approves.