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Weak Growth, But Inflation Still Matters 👀 Weak growth doesn’t automatically mean lower rates. 👀 July retail sales fell 0.6% MoM, while Michigan sentiment dropped to 51.0. Cooling demand supports a more dovish Fed outlook, but 1-year inflation expectations rising to 4.3% complicate the picture. Softer data could benefit gold and $BTC through lower yields and a weaker dollar, but persistent inflation may limit upside for risk assets. Not financial advice. #WeakConsumptionFedSplit