Posteo

Weak Growth ≠ Automatic Rate Cuts 👀 Retail sales fell 0.6%, while Michigan sentiment dropped to 51.0. Softer demand supports a dovish Fed, but 1-year inflation expectations at 4.3% complicate the outlook. More weakness could help $BTC and gold, but sticky inflation may cap risk-asset gains. #WeakConsumptionFedSplit #SP500EarningsGap