A bullish contradiction 🛍

What consumers are doing is far more bullish than what they're saying 🙉

(Source: Census, FRED)

Despite widely-reported disruptions tied to Omicron and frustrations about inflation, the U.S. economy continues to perform very well.

Retail sales in January jumped by 3.8% from December to $649.8 billion. This was much better than the 2% increase expected by economists. This was the biggest jump since March 2021, when stimulus che…