Tuesday, October 29, 2013

It's on purpose - today's edition

Retail sales are headed south big-time.

Can you find worse?  Sure can -- look at 2001 (-11.14%) or 2002 (-11.09%) -- both during the Tech Wreck.
The bottom line is that this number is very soft -- indeed, right on the edge of recession territory.

And homes sales have collapsed at the fastest rate in 40 months.

Can you say Cloward - Piven?

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