The share of US ecommerce sales in Q4 hit a record, surpassing the crazy days of 2020 for the first time.
A good time to look at seasonality and inflation/deflation in retail sales, especially as prices of goods have dropped.
Americans have changed how they watch movies. They watch more than ever, but at home.
Armed with income increases that outran inflation by a wide margin in 2023, they continue to splurge, no matter what.
Inflation is like so not defeated? Jacking up prices faster than costs are rising creates stunning profits. Strong demand sees to it that companies can do it.
The three account for 50% of retail sales. People blowing their disposable income that outran inflation by a wide margin this year.
Now they get to deal with the brick-and-mortar meltdown.
Food is the exception and pricing levels “continue to be a concern”: Walmart CEO. Sky-high food prices rose further.
Home buyers “seize a dip in rates” and rush into the housing market, LOL?
This is the kind of chart my pantheon of Imploded Stocks is full of, driven by what I call “consensual hallucination” that then vanished.