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Weak Growth ≠ Automatic Rate Cuts 👀
Retail sales fell 0.6%, while Michigan sentiment dropped to 51.0. Softer demand supports a dovish Fed, but 1-year inflation expectations at 4.3% complicate the outlook.
More weakness could help $BTC and gold, but sticky inflation may cap risk-asset gains.
#WeakConsumptionFedSplit #SP500EarningsGap
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