A series of mini great depressions playing out. [M]

Backlink.
First gold, silver, commodities and miners of all kinds tanked.  Now with WMT and M in freefall it looks like retail is next.  It took Macys from early 2009 to mid 2015 to skyrocket to $72.  But now in only 6 months it has given about half of the gains back.  Stair steps up, elevator down. This is the age old signature of a Ponzi scheme.  It also shows graphically how stocks are not any kind of store of wealth.  They are fake paper "assets" which will let you down in retirement if you count on them to store your excess labor.

The entire stock market is a corrupt scam folks.