US retail sales

The United States announced on 2024/7/16 at 21:30Retail sales (month-on-month)As a result, it fell 0.0% compared to 0.3% the previous month.

Since this meant a slowdown in the economy, it became a source of interest rate cutsStock heightIt's a factor.

Core retail sales (month-on-month)As a result, it rose 0.4% compared to 0.1% in the previous month.

This is because consumption is expandingStock depreciationIt's a factor.

There are conflicting results, but since automobiles are not included in core retail sales, it can be seen that the decline in automobile sales is large.

Excluding automobile sales, it can be said that the US economy is doing well.

If the US economy continues to perform well, the possibility that the unemployment rate will fall will increase.

The current market is expecting interest rate cuts, so the decline in the unemployment rateStock depreciationIt's a factor.

US 10-year bond yieldIsretail salesIt rose in response to the announcement, but then fell.

What is the decline in long-term interest ratesStock heightIt's a factor.

What is the bond marketInterest rate cutsIt has been determined that it is getting closer.

Stock price index composed of small-cap stocksRussell 2000But4 consecutive leapsesIt's doing well.

Stock price index composed of large stocksDow averageIs5 consecutive days of increaseIt's bullish.