Dow Suffers Longest Losing Streak In 46 Years
Another day, another shitshow in the US macro data with core retail sales disappointing, NYFed Services plunging, Industrial production contracting, capacity utilization crashing, and even Homebuilder confidence fading. Quite a change from the serial-outperformance of US macro data leading up to the election (or is it simply a higher leve of confidence in the economy now Trump has been elected?)...
Source: Bloomberg