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
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...
11 hours ago
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