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.
Source Data:
St. Louis Fed: Custom Chart
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
11 hours ago
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