Not So Bad Retail Sales Reveal A Deeper Rot

You are receiving this as part of your free subscription to Sure Money. To remove your email from this list, [unsubscribe here](. [Sure Money] March 13, 2019 [Not So Bad Retail Sales Reveal A Deeper Rot]( by Lee Adler Dear Sure Money Investor, At first glance, the January retail sales numbers weren't bad. But even the mainstream media couldn't help but find a dark cloud. The more you dig into the numbers, the unhappier the story becomes. The headline retail sales number for January rebounded a bit from December's dismal reading. The media reported that the 0.2% gain beat economists' expectations, but wasn't that great. In fact, Justin Lahart, writing in the Wall Street Journal's widely read Heard on the Street column was downright gloomy. "Scratch its surface and it is quickly apparent that the January retail sales report wasn't as good as it appeared at first glance. Dig a little deeper and it actually looks awful." Making matters worse, the Census Bureau revised December's number, which was already horrible, sharply lower. The stock market rallied sharply on the heels of the news, because of course, everybody knows that the weaker the economy, the more likely it is that the Fed will ease monetary policy. And easy money is bullish. Until it isn't. [But are investors and traders betting on a false narrative? I suspect that the answer is yes](... Sincerely, Lee Adler Join the conversation at [suremoneyinvestor.com](. --------------------------------------------------------------- You are receiving this e-mail at {EMAIL}, as a part of your free subscription to Sure Money. Remove your email from this list: [Unsubscribe]( [Manage Your Email Preferences]( To cancel by mail or for any other subscription issues, write us at: Sure Money | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 North America: 888.384.8339; International: 443.353.4519; Fax: 410.622.3050 [Contact Customer Service]( Website: []( © 2019 Sure Money All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Sure Money. 1125 N Charles Street, Baltimore MD 21201.