AMERICAN CONSUMERS SPEND TWICE AS MUCH AS EXPECTATIONS, GOLD FALLS ON THE NEWS $GLD $SLV $DIA $USO $SPY $GDX
This post was just published on ZYX Buy Change Alert. February Retail Sales ex-auto were 1.0% vs. consensus of 0.5%. In our models we exclude autos because autos are very volatile and distort the results. This is indeed good news and proves the skeptics on the American consumer wrong. Due to