Probably not...
Still the float seems to be "manageable" by the market masters and it will be interesting to see how long they can continue the current "rally" in the face of higher rates and a likely tapped out consumer...
I was in a Walmart in a medium sized rural town on Friday nite...and the cashiers were standing around with nothing to do!
Furthermore the shopping carts seemed to be filled with "necessities" like diapers, food stuffs NO MATTER which department people were in... So when it comes to clothing and housewares and other dry goods...most people where "just looking!"
Retailing seems to be distressed outside of necessities... And that is something the market masters have no control over...
