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Retail Sales Surge Nearly 10% In March as the Covid-19 Recovery Strengthens

Summary:
Randocalrissian5 hrsThat spike is ludicrous. Extend the sustained 2010-2020 trendline and we are way over that line. Not as far above as we were under on the March spike low in 2020, which seems appropriate. If the spike lasts, inflation would be an even greater certainty. Some are still saying inflation won't be that bad if spending comes back to normal levels soon enough, but lumber futures vehemently disagree, as does my ability to purchase materials for a decent price.

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randocalrissian

That spike is ludicrous. Extend the sustained 2010-2020 trendline and we are way over that line. Not as far above as we were under on the March spike low in 2020, which seems appropriate. If the spike lasts, inflation would be an even greater certainty. Some are still saying inflation won't be that bad if spending comes back to normal levels soon enough, but lumber futures vehemently disagree, as does my ability to purchase materials for a decent price.

Mike Shedlock
Mike Shedlock (Mish) is a registered investment advisor representative for SitkaPacific Capital Management (http://www.sitkapacific.com/). Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

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