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WTF Chart Of The Day: Explaining The Surge In US Retail Sales
Confused at how such awesome retail sales headlines can lead to the kind of weakness we are seeing in stocks now that Lending Club's IPO has started trading? Wondering why bonds are now lower in yield on the day in the face of 'proof' that the US consumer is back? Wonder no more, as STA Wealth Management's Lance Roberts points out, November's seasonal adjustment for retail sales was - drum roll please - the 3rd largest on record... so maybe, just maybe, the 'market' is seeing through that pure riggedness, wondering about the huge surge in continuing claims, and agog at the blowout in credit spreads and collapse in crude...
Seriously?!! The 3rd largest November seasonal adjustment on record... why? and remember retail sales only beat by 0.1ppt!
Speechless, yet?
Well look at this...
Rigged much?
Charts: STA Wealth Management and Bloomberg
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More fake numbers...yawn
Eff the .gov and bogus season adjustments. Just BTFD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
As a retailer for over 30 years, this is total bullshit. Not a single retailer I know can back this BS up. Fucking liars.
I should also note that my company's sales have tracked reported retail numbers pretty much lock step (except for variances for regional and special event driven differences) until Obama took office. Since then, there has been a complete and total disconnect. I have 30+ years of data to back it up. Now it's all a fuckin' lie.
Retail stores' aisles are flooded with CRAP despite the 90% off + all sorts of cash-backs + rebates + reward points + air miles, and many other gimmicks to grab the few food dollars the decimated Middle Class has in it's moth-eaten pockets. He said it's depressing watching the handful of shoppers that actually wan tot puchase something get up to the cash register and fumble thru cc after cc as each one is declined ... they search in vain for one that still 'works.'
The retail store manager who lives down the block is becomming an alcoholic ... he said it's the worse he's seen in his 26 years of retail sales. I tried to expalin to him how Bullish it is when the store is empty and no one is buying, but he seems not to understand the New Laws of Economics of the 21st Century.
We seasonally-adjusted some folks.
My TOS does not have a WTF chart. But what I've experienced is that holding is always increasing and stable.
There is no way for the "folks" meme to ever get old...hahahahahahahahha
shark meet jump....
Here's a new twist...
We seasonally-adjusted some folks... Bitchez
Wow. Dem bitchez out Seasonally Adjusted the labor report.
Must...maintain...faith...in...the...ponzi...
Well, Deagel.com doesn't have too much faith - look at their projections for USA 2025, especially population...
http://www.deagel.com/country/United-States-of-America_c0001.aspx
Will duly adjust numbers in 2016.
You know, going through the mundane ZH posts is beginning to become more,,, shall we say,,, interesting
Look, if we're going to do nothing but lie about reality from here out, let's make it a whopper.
A big, huge Texas-sized whopper of a lie. The greatest lie of all time.
Look, we're exceptional, we all know that, so if we pull together and say it long enough and with conviction, I believe in my heart we can do this. I'm counting on you guys. Who's with me?
Fully invested in tranny midget jello wrestling porn.
How's that for openers?
California is about to have some weathuh.
That will cook this goose.
The largest winter storm in 5 years to hit California: 3 to 5 inches of rain forecast for the Bay Area, with rainfalls up to 8 inches in the Sierra foothills.
Somebody needs to tell this storm to stop interrupting the drought we're supposed to be having here in California...
Hell of a way to run a desert.
All at once does not help. Kali needs frequent steady rainfall to recover.
Like a monsoon, most will be wasted, if you're not prepared.The rice farmers will do well,
the rest not so much.
Been through many droughts and I can tell you, you need that first storm to return moisture and humidity back to the region. The rains will be coming back...
That's it we have officially breached peak twilight zone clusterfu*ckery. What a joke.
And just like that, the VIX is slammed and back comes the market.
http://roacheforque.blogspot.com/2014/11/our-paper-is-not-what-it-says.html
"We are not who we say we are...we're NOT who we say we are!"
h/t The X-Files
How can one "Seasonally Adjust" - HYPER-DEFLATION?
Your avatar make me think hyper-inflation...
The market might be seeing through that pure riggedness for a spate, but after the clock strikes 3 PM est it's back to business as usual.
Why do the Tyler's think that the Club gives a shit about Lending Club? I would think that TPTB would like to quash something like that, or at least view it as inconsequential. Hell, Lending Club even let it's users participate in the IPO (granted, only 350 shares max or something like that). LC seems to be too egalitarian to be pumped by the Club.
Where can I get a pair of those come colored glasses that make it all look like rainbows and ice cream? With my glasses reality looks like liquid shit running down the wall.
Hey Brokus, it was kinda weird that you got -3 because not only did you tell the truth, but I also read somewhere that if you are going to tell the truth, tell it with humor or they will kill you...You put a bit of humor in, so the -3 people need to get out of their moms basement and go outside and take a few breaths.
Now if we can just have some bullshit IPO every morning, we should be just fine!
so is this where we pretend to be surprised rich americans sold stocks to afford christmas presents this year?
Fuck You -1
It was probably Obama.
We're being fed a daily diet of propaganda. Unfortunately, even many on Wall St believe it!
whenever I had a bad dream I would close my eyes real hard and shake it off so I could wake up..its not working anymore because I am not dreaming. Their plan is and has been to fuck the united states to total hell because there is no more money here, no more soldiers to fight because they fattened them all up and made them sick with gmo, chemtrails, flouride etc etc...Dont you guys get this? They used us for WW2 with the rah rah american flag while taxing us to death thru income tax that was never ratified, the federal reserve act of 1913 etc...Then used us for all the other banker wars for world domination etc etc fucking etc...They are done with us now and its only a matter of short time we become worse than a 3rd world country..
Must be gas prices, since it counts as retail.
please.. it's auto sales.
We have the same magic working right now in auto sales that we had in housing in 2006.
Mommy, daddy, look! Santa brought me a seasonal adjustment. Gee whiz Timmy thats great! Daddy, daddy! Yes, Elizabeth? Santa brought me a seasonal adjustment also!!! And I gave mommy a seasonal adjustment last night kids!!!
does obamacare count as retail sales?
I don't know, but coke and hookers do. Nouriel Roubini has been doing his part on the hooker front, it seems: "Nouriel Roubini Accidentally Tweets Out Direct Message Looking For "Bootie"": http://www.dailypaul.com/330590/nouriel-roubini-accidentally-tweets-out-...
"We mighta rigged some markets."
Daddy, the bike Santa brought me is a rusted piece of junk!
It's ok, if you seasonally adjust it your bike looks like a $12k Pinarello.
How do they reconcile this report with the dismal Black Friday sales? Reports from the local mall and surrounding stores started coming in around 6:00AM from my "shopping team" on the morning of Black Friday. They shocked even me, not only were the parking lots empty but many of the stores had more employees working than customers.
My office is across from the second largest mall in my state so as I went into work an unplanned visit seemed in order. Foot traffic inside the mall was far less than I imagined, most of the shoppers were younger women and older girls. These are considered the "core" and most diehard of shoppers. Many were carrying few if any bags, this indicates little in the way of buying. The article below includes a picture of foot traffic at 7:00am and looks at why animal spirits in reaction to Black Friday were far less enthusiastic than in the past. Note that stores did fill as the day went on.
http://brucewilds.blogspot.com/2014/11/retail-sales-expectations-should-be.html
Dropped by to check on traffic Saturday 4:00pm when the mall should of been packed so close to Christmas, traffic only rated medium with less people actually buying.