The following chart shows nonstore retail sales divided by department store retail sales (excluding leased departments).
Click to enlarge.
They say that every parabolic trend must fail someday.
Unfortunately, for department store employees, this one may fail at infinity. Sigh.
Source Data:
St. Louis Fed: Custom Chart
Friday: Personal Income and Outlays
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Personal Income and O...
12 hours ago
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