higher energy costs are bascially the reason retail and CPI were higher....hmmmmmmThats sounds like it would be great for a "cash strapped" consumer.GLTA
Not to mention that it is pretty risky to allow one data point such influence, because it may be easier to manipulate the CPI.
It blows my mind. They revised June down, I am sure July will follow next month and they rally this. Gotta love them! Screw it, my TZA is still up and I guess I will be forced to take some profits.Now I am excited to see this BS consumer sentiment number.
I hear the Arabs are willing to help - the will double the price of oil.
my case in point!