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Weakest number in 17 years. This is below that number. Retail sales also weaker than expected. The expectation was for 7. 9. You are looking at 7. 5 year on year for august. Again, below the july number as well. In terms of fixed asset investment, we are focused on the private sector and estate sector, also missing the surveys. 5. 5 . The survey had 5. 7 . So this is pretty weak data. In terms of retail data, we have seen month on month auto sales for example, a big component and retail sales, falling almost double digits. In terms of Industrial Production you have seen the impact of tariffs, but this awes this august that it doesnt account for the additional tariffs in september so that will be a further drag. Domestically you have weak demand as well. Investment, some economists suspected a step up in terms of local governance and the issue of special bonds to fuel additional estate sector investments. It doesnt look like ....
And welcome to hannity. And tonight, straight ahead, we will bring you the very latestpa from the House Of Representatives and the speaker battles an also lowlighs from joe bidens very alarming interview on cbs 60 minutes. Lets say in a word,60 mi the president unwell but apparently will soon travel to israel. Wit but first, we start with a fox news alert. Ith an is 9 p. M. On the east co, 6 p. M. On the west coast. It is 4 a. M. In gaza. All eyes are once again the gaza strip, where we are just one week removed from the worst Terrorist Attack in israels history. Now the numberthe has gone up. 1400 were killed in just one day. If i adjust for populationly that is roughly equal to over00 37,000 americans murderedpopu right here. If we were to compare populations babies, we knoons. Bd they set on fire. We know many were beheaded. Won were we knowe entire families br ....
This is a fox news alert. Im kevin clark in washington. Israel continues to pound the gaza strip with war against the u. S. Now in its second week. The Israeli Military says, it attacked more than 200 Terrorist Infrastructures across gaza in the past 24 hours alone. One of those attacks we saw the Senior Leader of hamas actually killed. Meantime, a short time ago, the Israeli Military thwarted terrorists trying enter the country from lebanon. The idf says the four militants who tried to plant a bomb were all killed. Meantime, biden will visit israel on wednesday, looking to send a strong message. The u. S. Stands with its top ally in the region. His scheduled visit comes amid fears the israeli hamas war could expand into a larger regional conflict. Pre ....
He took a hike off the table, right . Here is what he did. He took a hike off the table he said inflation will continue to come down as the year progresses he said demand is still strong but cooling. And he shut down the stagflation narrative. I dont see the stagg or the flation. Take that thats all the stuff you start the year with this expectation that the debate is between six or seven rate cuts, that, over the course of the next few months, changes to, okay, maybe its five. Maybe its four, three, two. Is that going to go to zero . Is that expectation going to go to zero . Its one or zero at this point or one or two. Those are the two last lingering debates. The fed doubled down on that i think its really that simple. Were not talking about hikes. Were not getting spooked by the last few inflation reads were still focused on the fact that shelter had been the most problematic, and, by the way, i know its bad news for the individual stocks in question, but when starbucks blows up bec ....