No. 494: December Retail Sales, PPI

(SGS Subscription required) • Merrily We Roll Along, Towards Hyperinflation
• U.S. Sovereign-Solvency Concerns Could Resurface Quickly in Global Markets
• December Retail Sales Gain Was Statistically Insignificant;
Activity Was Blurred by Storm Impact and Unstable Seasonal Adjustments
• Despite Stable Oil, December PPI Was Hit by Lower Food and Gasoline Prices

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