Black Friday numbers just dropped, and they're looking solid. US retail sales (minus auto purchases) jumped 4.1% compared to last year's Black Friday. That's a decent uptick considering the economic headwinds we've been facing.
What does this mean? Consumer spending is holding up better than some folks expected. People are still opening their wallets during the holiday shopping frenzy. This kind of retail strength usually signals confidence in the economy, which tends to ripple through risk assets.
For those tracking macro trends, this data point matters. Strong consumer spending often correlates with increased appetite for higher-risk investments down the line. Keep an eye on how this consumer resilience plays out in the broader market sentiment over the coming weeks.
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ForkMonger
· 7h ago
nah see this is just the governance trap nobody wants to admit... consumers spending more doesn't mean the system's healthy, it means they're priced INTO desperation. watch what happens when the fork opportunity emerges.
Reply0
MEV_Whisperer
· 21h ago
A 4.1% jump? Sounds good, but we all know that this number can be deceiving.
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TokenStorm
· 11-29 17:30
4.1% this figure... indicates that retail data hasn't collapsed, but can we really say this is a signal of economic confidence? I see it more as FOMO-style consumption. We need to look at the subsequent on-chain capital flows to assess the real demand for risk assets.
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SchrodingerWallet
· 11-29 17:28
A 4.1% rise is not bad, the purchasing power is still there, the question is how long this wave can last.
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NftRegretMachine
· 11-29 17:27
4.1% rise? Sounds good but it's not that amazing. Retail investors are still spending money hoping to buy the dip. Wake up everyone.
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GasDevourer
· 11-29 17:26
4.1% sounds good, but why do I feel like the Wallet is still shrinking...
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zkProofInThePudding
· 11-29 17:17
Wait, 4.1%? This number looks good but feels a bit inflated. Is it really just this much after deducting the transportation costs?
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fren.eth
· 11-29 17:16
4.1% looks good, but it feels like consumers are still overdrawing their future...
Black Friday numbers just dropped, and they're looking solid. US retail sales (minus auto purchases) jumped 4.1% compared to last year's Black Friday. That's a decent uptick considering the economic headwinds we've been facing.
What does this mean? Consumer spending is holding up better than some folks expected. People are still opening their wallets during the holiday shopping frenzy. This kind of retail strength usually signals confidence in the economy, which tends to ripple through risk assets.
For those tracking macro trends, this data point matters. Strong consumer spending often correlates with increased appetite for higher-risk investments down the line. Keep an eye on how this consumer resilience plays out in the broader market sentiment over the coming weeks.