A hike at the Dec 15-16 is all but certain

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 14, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Outlook: Today the US data includes PPI, the University of Michigan consumer confidence and retail sales. Three guesses which one counts. We know retail sales should be pretty good because we already have auto sales and some other components, but the headlines are driving a gloomy mood—big retailers like Macy’s and WalMart are stuffed with inventory and already discount-ing like crazy. By Black Friday, the day after Thanksgiving, stores will be hysterically offering deals. It’s not a pretty

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