The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label retail sales. Show all posts
Showing posts with label retail sales. Show all posts

Wednesday, June 14, 2017

Gold and silver both spike higher on report of strong decline in retail sales leading into FOMC meeting

On June 14 the latest report on core retail sales was announced, and showed the largest decline since January of 2016.  And in addition, this drop in one of the economy's major indicators is providing the Fed an interesting dichotomy on the same day they are to announce the latest decision on whether to raise interest rates.
Headline retail sales tumbled 0.3% MoM in May, the biggest drop since January 2016 (and all the weather-related malarkey that was blamed on). 
Core retail sales also dropped the same... - Zerohedge

In response to this bad news for economic growth, gold and silver both spiked higher with the dollar falling over 50 bps back below 96 on the dollar index.



These strong moves in both gold and silver could be a prelude to even higher prices dependent upon the Fed's decision later today on whether to hike rates, leave them at current levels, or perhaps even to provide guidance that the central bank may be leaning back towards a policy of easing as economic indicators clearly point towards a slowdown if not outright recession.

Saturday, May 14, 2016

More Obama economic propaganda as retail sales soar to best in six years one day after lower guidance

In the wake of the release of a new book on how corrupt U.S. politicians are, it should come as no surprise that today’s retail sales numbers coming out from the Obama administration show their best month over month in nearly six years.  And yet, this report of pure propaganda comes in spite of three major retailers falling flat on their earnings for Q1 just yesterday, and them issuing lower guidance and expected declining sales for the months ahead.
Macy’s, Nordstroms, and J.C. Penny’s all had weak earnings reports on both May 12 and 13, and issued guidance of further erosion entering into the summer months.  However, this did not stop the reporting arm of the White House to issue their April retail sales numbers as the best seen since 2010, which is contradictory to all real data coming out of corporate reporting in the retail sector.

Read more on this article here...

Thursday, November 19, 2015

Forecast for holiday retail sales down as American’s spending most of their money on rent and Obamacare

We have already seen 3rd quarter retail numbers crash on Wall Street as companies like Macy’s, Fossil, and Nordstrom’s came in with double digit revenue declines, leading many analysts to forecast a bad holiday retail season leading up to Christmas and the end of the year.  But the reality is that the consumer is spending much less on things like apparel and other discretionary items because they are being bogged down with much higher costs in both rents and healthcare.
The Fed loves to discount inflationary numbers that are tied to consumers and the general economy, and instead prop up deflation within the sphere of Wall Street assets and commodities.  And if the real rate of inflation was correctly reported for the entire economy, it would not be languishing at the 2% number the Fed is using to justify their monetary policies, but along the lines of 8-10% per month in vital areas such as food, education, healthcare, and housing.

Read more on this article here...

Saturday, November 14, 2015

Was Paris terror attack a False Flag event at a time when global economy moved into recession?

On Nov. 14, a new video was published by SGT Reports that show a very big potential that the Paris bombings that took place yesterday were a false flag event.  The primary reason was due to the fact that like on 9/11, and during the London Subway bombings, a governmental exercise was taking place on the very same day as the attacks.



What is interesting as well is that this attack came immediately after retail numbers signaled that we are in a global recession, with expected holiday sales to come in vastly below desired levels.

Retail sales came out this morning and they were worse than dreadful. They confirmed the horrific quarterly reports from Macy’s, Nordstrom’s, and Kohl’s. Total retail sales grew a minuscule 0.1% from September and only 1.7% versus last year. It’s even worse than it looks. When you back out the subprime auto loan spurred auto sales (long term rentals), retail sales grew only 0.5% over last year. That is far less than true inflation, so on a real basis retail sales are FALLING like a rock. This only happens during recessions. And it isn’t a one month thing. Retail sales, even including loan boosted auto sales, are flat over the last three months and up only 2.1% for the first 10 months of the year. - Market Oracle


We will keep posted any updates to this horrific terror even in Paris, and watch for any other potential correlations between geo-politics and the economy.

Tuesday, February 14, 2012

Retail sales fall at record level in January invalidating belief in economic recovery

As with any and all government reports on the economy, the devil is always in the details.  In this case, the unadjusted numbers for January's retail sales, which actually fell so much that it resulted in the largest fall in retail history.

So much for the continuing propaganda that the US economy is in recovery.

…when looking at the January headline retail sales data, which naturally was a smoothly continuous line on a Seasonally Adjusted basis, rising from $399.9 billion in December to $401.4 billion in January, something rather odd happened in the Unadjusted data set: the plunge from $459.8 billion in December to $361.4 billion in January, or -$98.5 billion in one month, was the biggest one month drop in retail sales in history. - Zerohedge


Chart courtesy of Zerohedge

Hope and change... it's worked in America for the past four years.