Illusion of Prosperity: Restaurant Painkiller (Musical Tribute)

Tuesday, November 15, 2011

Stagflationary Mark said...: I'll be posting more retail trade charts tomorrow.

I'm awaiting the CPI data for October (released tomorrow) so that we can see how much of the retail trade data was driven by inflation.

I'm expecting a very tame CPI reading. If true, then retail sales look to be pretty good in October. It was certainly nice to see that they weren't driven by gasoline station sales anyway. (Gasoline stations' sales were actually down in October on a seasonally adjusted basis.)

On the other hand, nonstore retail growth was once again very strong. That doesn't bode well for this country's many strip malls and the jobs found therein.; November 15, 2011 at 3:36 PM
Audrey said...: Mark -
A pizza joint opened up this week in a property that's been vacant for two years.
I wanted to go in and ask them if they were crazy.
I refrained.
Audrey; November 15, 2011 at 4:54 PM
Stagflationary Mark said...: Audrey,

Hopefully the new pizza joint is located close to other existing pizza joints.

I've heard prey animals can find safety in numbers, lol. Sigh.; November 15, 2011 at 6:10 PM

Illusion of Prosperity