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Retail Sales Decline For Second Straight Month As Real Earnings Stagnate

Retail Sales Decline For Second Straight Month As Real Earnings Stagnate

For the second month in a row, retail sales declined in March as 'hard' data fails to live up to 'soft' data's hype. This is the biggest 2-month tumble in retail sales in over 2 years.

 

 

The full breakdown shows the biggest declines in building materials and motor vehicles.

 

 

This drop in sales should not be total surprise as real average weekly earnings has now failed to rise for 3 straight months.

 

The Profound Implications Of 5 Increasingly Dominant Tech Companies

The Profound Implications Of 5 Increasingly Dominant Tech Companies

Authored by Lou Kerner via HackerNoon.com,

I first wrote about the increasing domination Facebook, Apple, Microsoft, Google, and Amazon (aka FAMGA) in January of this year. It was not a particularly widely read piece. But every day since then, I’ve become surer of the simple, but profoundly impactful, realization that:

  1. The most valuable companies in the U.S. are increasingly tech companies.

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