🚨ATTENTION🚨
🩸The market is giving more RECESSIONARY and STAGFLATION signals
▪️RETAIL SALES were expected to be 0.6% but were only 0.2%. Well below expectations
▪️Retail sales in restaurants and bars fell -1.54% in February
▪️In addition to that, the INFLATION of "food outside the home" (restaurants, bars, etc...) rose to 3.7%
▪️The Organization for Economic Cooperation and Development projects that the U.S. GDP will significantly slow down to 1.6% by 2026
▪️Remember that the Atlanta FED claims that GDP will be -2.5% in the next data
🛑The FED must act QUICKLY to avoid ECONOMIC RECESSION but INFLATION still has them between a rock and a hard place
🛑Despite seeing a DROP in the CPI, there are other inflation measures that show increases