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