In a week where the yield curve momentarily inverted, economic data pointed in different directions.
Mixed Data as a Curve Inverts: August 12 – 16
Retail Sales Improve, Job Openings Remain at (Near) Record Levels: June 10 – 14
The retail picture improved while employers continue to struggle filling open positions.
Retail and Manufacturing Fail to Impress: May 13 – 17
Retail and manufacturing each stumbled in April.
What We Learned About the U.S. Economy Last Week 