Wholesale Prices in the U.S. Unexpectedly Fall

The video discusses recent economic data, highlighting a decline in retail sales and its unexpected impact on the market. Treasury yields fell, and the dollar weakened. The Producer Price Index showed a smaller increase than expected, suggesting limited inflationary pressure. The discussion also considers consumer spending patterns, particularly on autos, and their influence on the market.

What was the unexpected change in retail sales reported in the first section?

• An increase of 0.3%

• A decrease of 0.1%

• An increase of 1%

• A decrease of 0.5%

How did the retail sales data affect the yield curve?

• It had no effect on the yield curve

• It steepened the yield curve

• It flattened the yield curve

• It caused a rally at the front end

What was the change in the DXY dollar index following the retail sales report?

• It increased by 0.5%

• It remained unchanged

• It decreased by 0.33%

• It increased by 1%

What was the reported increase in the Producer Price Index (PPI) excluding food and energy?

• 1%

• 0.5%

• 0.7%

• 1.2%

What is one potential reason for the spending pattern observed in the last section?

• Increased spending on electronics

• Increased spending on autos

• Decreased spending on housing

• Decreased spending on food