The Traderszone Network

Published in TZ Latest News 25 February, 2016 by The TZ Newswire Staff

The Curious Case Of "Strong" January Durable Goods: It Was All In The Seasonal Adjustment

Two weeks ago, when the strong retail sales report saved the US market from plunging below the critical 1,812 level, we peeked behind the headline of the just reported January retail sales report, and we found that far from the adjusted 3.4% Y/Y increase in retail sales, the actual, unadjusted, number was a paltry 1.4% shown in the chart below…

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