13 July 2007
Retail Sales Fall.
Retail sales fell 0.9 percent in June.
While one bad month does not a trend make (May was OK), when juxtaposed to rising oil and gas prices, a crashing housing market, and the dollar dropping, I'm concerned.
While one bad month does not a trend make (May was OK), when juxtaposed to rising oil and gas prices, a crashing housing market, and the dollar dropping, I'm concerned.
Labels:
bubble
,
Currency
,
Economy
,
Housing Crash
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