From the wires:
WASHINGTON (AP) — Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.
I can’t imagine why? Did anything happen in May? Why can’t we all be a tad more honest and admit the stock market drives the economy and not the other way around?
Even better? More from the wires:
Total retail sales marked their first monthly drop in eight months, falling 1.2 percent in May — contrary to economists’ consensus forecast for a gain of 0.2 percent.
Said with a straight face: “economists’ consensus forecast.”