Despite the ugly jobs report, the retail sector is barely down. Nobody is fearful that the headlines (or, you know, the actual truth) is going to put a huge damper on holiday spending, it would seem.
And the fact that it’s off less then 1% is pretty remarkable, given that the index is at all-time highs.
So if you think the market is totally wrong, and that the labour market is about to double dip, here’s your easy short.
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