Goldman Sachs forecasts December's retail sales core control group will post a month-on-month increase of 0.4%. This reading carries weight for traders monitoring macro headwinds affecting risk asset appetite. Softer consumer spending prints could redirect capital flows in the crypto space as macro traders adjust positioning.
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ponzi_poet
· 01-12 01:56
Wait, Goldman Sachs said December retail data is 0.4%? That number is a bit too sluggish, it seems macro traders are about to start stirring again.
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MechanicalMartel
· 01-12 01:55
That 0.4% increase doesn't change much... Still depends on the subsequent data.
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ApeEscapeArtist
· 01-12 01:42
0.4% increase? Man, this number is a bit disappointing. The crypto circle is about to start following the trend and drop again.
Goldman Sachs forecasts December's retail sales core control group will post a month-on-month increase of 0.4%. This reading carries weight for traders monitoring macro headwinds affecting risk asset appetite. Softer consumer spending prints could redirect capital flows in the crypto space as macro traders adjust positioning.