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I am doing a webinar on how The Global Economy is Breaking: What Comes Next & How to Prepare. You can sign up here: https://event.webinarjam.com/register/27/l3k2rby6 The big drop in retail sales in January turns out to have been even bigger - much more. And then February consumer spending failed to rebound from it, coming in way below expectations, too. Add retail sales to the growing list on the side of "recession scare." Plus, the bad start to 2025 confirms a whole lot more on that side. Eurodollar University's Money & Macro Analysis Bloomberg Disappointing Retail Sales Add to Concerns About US Outlook https://www.bloomberg.com/news/articles/2025-03-17/us-retail-sales-rise-by-less-than-forecast-after-january-drop NFR CNBC/NRF Retail Monitor Shows February Sales Were Down Monthly Amid Tariff Concerns https://nrf.com/media-center/press-releases/cnbc-nrf-retail-monitor-shows-february-sales-were-down-monthly-amid-tariff-concerns Bloomberg The US Economic Outlook Is Becoming More Uncertain https://www.bloomberg.com/opinion/articles/2025-03-17/the-us-economic-outlook-is-becoming-more-uncertain Bloomberg Gen Z’s Job Recession Needs Urgent Attention https://www.bloomberg.com/opinion/articles/2025-03-17/gen-z-job-recession-needs-urgent-attention https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |