MARKET INTELLIGENCE

Macroeconomics

Most of the interesting news of the last few weeks has been about the US economy as almost all of the statistical data seems to confirm that the US economy is slowing down.

Retail sales reported by important retailers such as Wal-Mart and Home Depot have fallen and the consumer price index fell by 0.2 %. While analysts had expected figures of around 83, the consumer confidence index produced by the University of Michigan actually dropped to 78 points.

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