Click to enlarge.
If you are an optimist, I bet you were hoping that the parabola would be right side up. No such luck.
Should the 2nd order polynomial trend continue to its logical conclusion, then say goodbye to 1 million health and personal care store employees someday. Sigh.
Mall Rat Rap
If it's sold at a mall
Then it's due for a fall
If you pay with a card
Then online is not hard
If you get there with gas
Then just stay home and pass
If it fits in a box
Then do not buy the stocks
For those counting on Ben
He cannot change the trend!
Then it's due for a fall
If you pay with a card
Then online is not hard
If you get there with gas
Then just stay home and pass
If it fits in a box
Then do not buy the stocks
For those counting on Ben
He cannot change the trend!
Sorry, just a bit of e-commerce and monetary policy gallows humor, in very poor taste I might add.
This is not investment advice, but damn.
This post inspired by the following comment (as seen here).
I think "hanging out" and "being seen" account for a good deal of mall traffic. - Luke Smith
See Also:
Trend Line Disclaimer
Source Data:
St. Louis Fed: Custom Chart
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