Green Shoots in Retail, Jobs and Philly

Fast Facts About Today’s Economic Data U.S. Retail Sales rebounded +1.6% in March and accelerated on Y/Y Basis. Initial Jobless Claims fall for 5th week in a row. Philly Fed Index shows sharp rebound in New Orders. What Brexit? U.K. Retail Sales up +6.6% Y/Y. No...

Green Shoots in China

Fast Facts About Today’s Economic Data U.S. Trade Balance improved once again as China and EU imports plunged in February. U.S. Mortgage Purchase Applications at 9 year high. China Q1 GDP comes in just above expectations (+6.4% Y/Y) thanks to Industrial...

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