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Retail sales were down over 13 16. 4 is the most on record. Of the 13 categories, only one was up, internet shopping. What we bought we did buy online. Even Grocery Store sales down 12 on the month. I guess we are still eating the macaroni and cheese we bought in march. The control group, leave out food, cars, gasoline, building materials. That was down and that is also a record. That is the part that goes into gdp and in this case does not go into gdp. Not the only data out. Industrial production down 11 . Manufacturing production down 13. 7 . That was the worst number in the history of the index going back to 1919. Two bits of good news. Empire manufacturing improved. 78. 2. 48. 5 from the Michigan Sentiment number. From 71. 8. To 73. 7 the Current Conditions index rises. Everybody scratches their head, but the ....
It is an earnings trade today. We will get into that in a moment. 8he 10year yield at 50 i basis point. Not really moving around that much. Bid, pushinginy the 10 year to 58 basis points. Story today is facebook and twitter. Down 5 , a quarter of advertising revenue for twitter, even as an added subscribers. Lets get a deeper dive. Taylor riggs is standing by. Taylor mostly risk off, but tech is not as bad, given earnings are coming in a little bit better than expected. There has been a recent shift in the conversation that tech is being thought of as defensive here, holding up better than people thought. Take a look inside the terminal. A lot of the negative price action that we are seeing stems from that Consumer Spending report we got, the worst ever dip in Consumer Spending. Income and spending was weaker than expected, which means some analysts think that firstquar ....
Lindsey graham encouraged you to aim higher. He just said i disagree with lindsay. He is a congressman. What am i supposed to, wait for senators . So i disagree with lindsay on that. He said a higher. What am i going to do, wait until we get somebody in a Higher Office . These are people that hate our country even john, they hate our country. I think, with a passion. It is possible i am wrong. The voter will decide. When i hear the way they talk about our country, when i hear the antisemitic language they use, the hatred they have for israel, and the love they have for enemies like al qaeda where are you suggesting they go . I do not believe this is good for the democrat party. Certainly not the party that i have known over the years. Does it concern you that many people saw that we as racist . And that White Nationalist groups are finding common cause with you on that poin ....
Distracted driving is now banned in Pennsylvania after Governor Josh Shapiro signed Senate Bill 37, also known as Paul Miller's Law, into law.The law prohibits ....