Cooling Off Inflation With Soft Landings
In hisDaily Market Notes report to investors, while commenting on soft landings, Louis Navellier wrote: Q3 2021 hedge fund letters, conferences and more Retail DisasterThe retail sales report was a disaster. It was only up 0.3% in November. Electronic and appliance store sales declined 4.6% in November, the gas station sales rose 1.7%. Essentially, the higher prices at the pump are basically sucking up all the money in consumers' pockets. Consumers are not spending. General merchandise store sales declined 1.2% in November, led by a 5.4% drop in Department store sales. Online sales were unchan...