Post Traumatic Shopping

Post Traumatic Shopping

You just survived a pandemic. Revenge shopping. Brian Wesbury from First Trust tells us that retail sales are now higher than if there had been NO PANDEMIC AT ALL. Friday’s report on the retail sector showed that retail sales were unchanged in April, remaining at essentially the same lofty level they were in March. Even with no increase in April, retail sales were 17.9% higher than they were in February 2020, pre-COVID.

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