Retail sales

Retail sales is the Census Bureau's monthly count of what US shops and online stores sold. Consumer spending is about two thirds of the economy, so a surprise reprices consumer discretionary against staples and the growth half of the Fed outlook; Costco counts the same cash at the till. The Census sits in the counts column of the US map.

Go on

In MochaLearnSee how the Fed moves US markets in MochaLearn
  • US TreasuryThe US Treasury is the government's borrower and the oldest name on the US market map: it issues bonds to cover the…
  • CME FedWatchCME FedWatch turns futures on the overnight rate into a probability for each outcome at every Fed meeting. It is what…
  • FOMCThe FOMC is the Federal Open Market Committee, the twelve voters inside the Fed who set the policy rate at eight…
  • Yield curveThe yield curve is the line of Treasury yields from three months to thirty years, normally sloping up because longer…
  • Nasdaq 100The Nasdaq 100 is an index of the hundred largest non-financial companies listed on Nasdaq, weighted by market value…
  • Volatility / VIXVolatility is how much a price swings. The VIX is Cboe's index of how far the S&P 500 is expected to move over thirty…

Where it comes up