Scary, scary news from calculated risk here. Retail sales are falling off a cliff as we approach the holiday season, dropping 5% year over year, and 8.8% adjusted for inflation.
Expect to see several major retailers go into bankruptcy in late January/early February. Winter is coming to retailers. The weak and sickly of the herd won't live to see spring.
UPDATE: Except, of course if you're in the business of selling guns to gullible conservatives.
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