So retail sales is an interesting indicator. First of
all, retail sales in January is a very,
is very seasonality adjusted, it's gonna be changed and
many people are gonna be looking at the adjustments that
come to this particular data point. Retail sales is
also an indicator that is very goods focused. What
we're learning now is the American public is becoming very
experienced desiring uh entertainment experience with retail sales doesn't do
a very good job of capturing. So although it
may have ticked down between seasonality between what it's not
capturing, there's a question of, well, how
real is, is this a problem or is it
not a problem? Um So I think what you're
seeing right now is people including the market because she
sort of dropped down and come back are kind of
taking it with a little. Um Well, we'll
see we need a little bit more and that has
been a consistent theme of this economic data continuing even
when retail sales was off. Like I said,
July through September of 2023 it went the wrong direction
people reacted to that markets went down. I think
we've gotten a little bit more, uh, steadfast
in our belief, but I think we're going in
the right direction. Let's wait and see before we
, uh, throw the bath out, you know
, the baby out with the bath water.