Intraday Market Thoughts
What Peaked First: Retail JOBS or Retail Sales ?
by
Jul 16, 2012 18:18
The main take-away message from todays release of US retail sales is that they have shown their longest losing streak (declines) since late 2008, at the centre of the financial crisis. But what pundits do not tall you is that US retail sector EMPLOYMENT have tended to peak out BEFORE the top in retail SALES in the last two recessions. Click to here to view the chart evidence
http://www.cityindex.co.uk/market-analysis/ashraf-laidi-blog.aspx
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