The Daily Dose: Telling Moves in Retail


Brian Sozzi

 | Jul 01, 2014 | 10:00 AM EDT
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Pundits and analysts are quietly pitching this week as "slow" due to the July 4 holiday and Thursday's shortened session.

Don't be fooled. We've seen at least two disappointing economic reads in the past two weeks -- aside from gross domestic product, that is. The Chicago Institute for Supply Management manufacturing index missed the consensus estimate for June, and fell vs. May, and personal spending declined after adjusting for inflation. I found this activity to be worrisome, given that the market is positioned for a material reacceleration in domestic economic growth in the second and third quarters....551 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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