UNEXPECTEDLY! Retail sales in May slip 0.3% amid surging inflation. “Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is causing them to be more cautious about buying discretionary items. U.S. retail sales slipped 0.3% last month, down from a revised 0.7% increase in April, the Commerce Department said Wednesday.”
Also equally “unexpectedly:” Breaking: US Economy Technically Enters Recession.