U.S. economy is too strong: Retail sales rose 1.3% month-over-month in October

Last month was better than forecasts. Retail sales were flat in September. But already in October they were 0.3% better than the seasonally adjusted forecast. But this is a negative for the markets.

In anticipation of the holiday season, Americans are already starting to buy more goods. Sales are likely to rise next month as inflation slows. But this is contrary to the goal of a rate hike - there is no way the economy is going to slow down.

The latest data is a threat to inflation. The trend may not continue. There is uncertainty in the market.