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While no one expected a repeat of March's explosive gains, analysts still expected a modest rise (while BofA - who have been consistently correct -warned that a big disappointment was possible with retail sales actually falling MoM). It turns out, BofA was right as retail sales disappointed in April, printing unchanged from March (versus +1.0% expected) after an upwardly revised +10.7% MoM stimmy surge in March.</p>\n<p><img src=\"https://static.tigerbbs.com/c77ac6fbe14f0983c4c3db25e2bd5408\" tg-width=\"936\" tg-height=\"503\" referrerpolicy=\"no-referrer\"><i>Source: Bloomberg</i></p>\n<p>Worse still Core Retail Sales tumbled 0.8% MoM (versus expectations of a 0.3% rise)</p>\n<p><img src=\"https://static.tigerbbs.com/b2b27e35b98b767c24ef065df1ada3a1\" tg-width=\"936\" tg-height=\"499\"></p>\n<p><i>Source: Bloomberg</i></p>\n<p>Under the hood, clothing, gas stations, and online retailers saw sales sink MoM...</p>\n<p><img src=\"https://static.tigerbbs.com/c612eb96ea3deb73275984402b713615\" tg-width=\"950\" tg-height=\"755\"></p>\n<p>Of course, on a YoY basis - due to the collapse comps - retail sales are up a stunning 51%...</p>\n<p><img src=\"https://static.tigerbbs.com/27f52ade508fd2270b3245592129e685\" tg-width=\"936\" tg-height=\"499\"></p>\n<p><i>Source: Bloomberg</i></p>\n<p>Worse still, the Control Group - which feeds into GDP, tumbled 1.5% MoM...</p>\n<p><img src=\"https://static.tigerbbs.com/135204e5ec7fece90918bca8da82f71d\" tg-width=\"936\" tg-height=\"500\"></p>\n<p>We're gonna need more stimmies!</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Retail Sales Disappoint In April As Stimmy Surge Stalls\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/personal-finance/us-retail-sales-disappoint-april-stimmy-surge-stalls><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After hot-hot-hot inflationary prints this week, following dismal jobs data last week, all eyes are on this morning's retail sales data to discern if America's future is a stagflationary cornering of ...</p>\n\n<a href=\"https://www.zerohedge.com/personal-finance/us-retail-sales-disappoint-april-stimmy-surge-stalls\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/personal-finance/us-retail-sales-disappoint-april-stimmy-surge-stalls","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113811589","content_text":"After hot-hot-hot inflationary prints this week, following dismal jobs data last week, all eyes are on this morning's retail sales data to discern if America's future is a stagflationary cornering of The Fed. While no one expected a repeat of March's explosive gains, analysts still expected a modest rise (while BofA - who have been consistently correct -warned that a big disappointment was possible with retail sales actually falling MoM). It turns out, BofA was right as retail sales disappointed in April, printing unchanged from March (versus +1.0% expected) after an upwardly revised +10.7% MoM stimmy surge in March.\nSource: Bloomberg\nWorse still Core Retail Sales tumbled 0.8% MoM (versus expectations of a 0.3% rise)\n\nSource: Bloomberg\nUnder the hood, clothing, gas stations, and online retailers saw sales sink MoM...\n\nOf course, on a YoY basis - due to the collapse comps - retail sales are up a stunning 51%...\n\nSource: Bloomberg\nWorse still, the Control Group - which feeds into GDP, tumbled 1.5% MoM...\n\nWe're gonna need more stimmies!","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/196085381"}