The following chart shows the number of employees at department stores divided by the number of employees at nonstore retailers.
Click to enlarge.
For those who believe this time isn't different:
This time it's different.
Yeah, yeah. I just used the four most dangerous words of investing. I hear you. Still thinking them though.
St. Louis Fed: Custom Chart
The Market Ticker - Maybe The Snowflakes Are Right? - *What if "Pajama Boy" is right?* GDP came in pretty punky this morning, and a big part of it was consumption -- consumer spending. Much has been said, i...
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