Early this morning, we mentioned Wal-Mart’s (WMT) monthly sales data, as well as the rest of the retail sector.
Michael Panzner sends along the following chart, asking: "Does the performance of the retail sector relative to Wal-Mart’s tell you
something about the changing fortunes of consumers? Look at the attached
chart and decide for yourself.
Chart courtesy of Bloomberg, Mike Panzner
Good stuff, Mike, thanks!