Monday, February 13, 2017

Free Trade: Cost $Everything

Free trade is predicated upon the jobless consumer, who lives with the Sasquatch. But don't tell anyone, it's still a secret...

The most important points to know about the economy right now...

Retail jobs now outnumber manufacturing jobs:




Last week, consumption sentimentality rolled over. Which portends badly for the casino:



Especially since the jobless consumer is imploding, across all areas of retail:

Whole Foods



Ralph Lauren



Staples (Office Supplies)




Pier One (Home furnishings)



Abercrombie & Fitch



Bed, Bath & Beyond



Auto Nation



JC Penney



Gap Stores




L Brands (Victoria Secret/lingerie)



Under Armour