Cartoon of the Day: No Mirage

05/13/16 05:04PM EDT

Cartoon of the Day: No Mirage - retail cartoon 05.13.2016

Despite Retail Sales numbers beating consensus estimates, the year-over-year growth numbers have been declining since the second half of 2014. Slower growth? That explains why retailers like Kohl's (KSS) and Nordstrom (JWN) got crushed this week. We reiterate our #ConsumerSlowing call.

© 2022 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.