{"id":91978,"date":"2023-11-13T20:38:16","date_gmt":"2023-11-13T20:38:16","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-46-retail-earnings-week\/"},"modified":"2023-11-13T20:38:33","modified_gmt":"2023-11-13T20:38:33","slug":"issue-46-retail-earnings-week","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-46-retail-earnings-week\/","title":{"rendered":"Issue 46 &#8211; Retail Earnings Week"},"content":{"rendered":"<p style=\"text-align: left;\">Retail sales have remained strong in the U.S. despite a supposed deteriorating economic backdrop. Data from September indicated a month-over-month (MoM) increase of 0.7% which came on the heels of an upward revision of a 0.8% MoM rise in August. Despite higher interest rates and increasing credit card balances, consumer spending has remained strong. However, for October, and according to The Retail Monitor (CNBC\/National Retail Association), sales excluding autos and gas fell by 0.08% while core retail sales, which also removes restaurants, fell 0.03%. The index, which is a newer tool for assessing the strength of shoppers, uses actual credit card transactions to generate data: arguably more dynamic than traditional methods that are often subject to revisions.<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>By Charles Marleau CIM<sup>\u00ae<\/sup> and William Mitchell CIM<sup>\u00ae<\/sup><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2023\/11\/Weekly_Commentary_111323.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Retail sales have remained strong in the U.S. despite a supposed deteriorating economic backdrop. Data from September indicated a month-over-month (MoM) increase of 0.7% which came on the heels of an upward revision of a 0.8% MoM rise in August. Despite higher interest rates and increasing credit card balances, consumer spending has remained strong. However, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-46-retail-earnings-week\/\"> <span class=\"screen-reader-text\">Issue 46 &#8211; Retail Earnings Week<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":91969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[29],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/91978"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=91978"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/91978\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/91969"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=91978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=91978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=91978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}