Tuesday, June 14, 2016

Great News for Department Store Investors

Click to enlarge.

Although sales continue to decline at a relatively rapid pace and are therefore not even remotely keeping up with population growth or inflation, at least they are finally above the broken parabolic trend!

If past history great news was all there was to the game, the richest people would be librarians spin doctors.

Source Data:
St. Louis Fed: Retail Trade: Department Stores

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