Retail Sales fell by a whopping 1.1% in February, the largest drop in five years. The Fed pumping $200 billion in to the lending market is really like throwing a pebble into the ocean when you consider the US economy is a $9 trillion behemoth. Which makes yesterdays 400 point rally on Wall Street seem... silly!
(h/t) Atrios, he keeps an eye on these things.
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