HK_L61

Retail Sales - Macro Data

FRED:RETAILSMSA   Retailers Sales
The Chart does not show Friday's decline.

Retail Sales have rolled over.

_____________________________________


Market participants to continue to ignore the
warning signs.

Denial.

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Powell warned after his confirmation hearing
the Federal Reserve's effort to control Inflation
will lead to a "Recession" - believe him.

For once in 22 Months the pressures from FOMC
Voting Members is beginning to assert far more
action(s) from the Raven.
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