Comment on Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy

Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy

Spencer Platt/Getty ImagesA big jump in retail spending would be the next data point indicating a "no landing" of the economy.BofA analysts expect retail sales last month to soar 0.8%, above forecasts of 0.2%.A no-landing scenario occurs when strong economic growth fuels inflation and hinders rate cuts. America's spending habits are the next data point to monitor as Wall Street investors see rising odds of a "no landing" scenario for the US economy.

 

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