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Economy

(11,493 posts)

1. Here's a link to the LBN story

Wed Jan 18, 2023, 06:34 PM

Jan 2023

Wall Street has biggest pullback of the year, led by tech, AP,
https://www.democraticunderground.com/10143020610

Retail sales were also disappointing
https://www.cnbc.com/2023/01/18/wholesale-prices-fell-0point5percent-in-december-much-more-than-expected.html
Dec: -1.1%, Retail sales less autos: Dec: -1.1%, 12 months: +6% (less than the 12 month CPI of 6.5%), 1/18/23

On the good news front, the PPI (wholesale prices) report came out today considerably tamer than expected
https://www.democraticunderground.com/10143020340
Graphs of PPI and CPI https://www.democraticunderground.com/10143020340#post7

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Dow plunges due to Fed hawkish remarks. [View all] sprinkleeninow Jan 2023 OP

Here's a link to the LBN story progree Jan 2023 #1