Despite that January retail sales in the United States were not as bad as expected, traders doubt the accuracy and completeness of the data. Stocks are selling off instead. I expected a rally given that good news is so rare, but when the data is in doubt, this only adds to the uncertainty.Thursday, February 12, 2009
Retail Sales Not As Bad As Expected
Despite that January retail sales in the United States were not as bad as expected, traders doubt the accuracy and completeness of the data. Stocks are selling off instead. I expected a rally given that good news is so rare, but when the data is in doubt, this only adds to the uncertainty.
