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Big fall one day, up and away the next

The happier news is that despite falling participation rate - down to a multi-decade low of 62.6% in December - retail spending continues to increase.

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Read more: US retailersDecemberNovemberS&P 500Dallas FedLululemonAtlanta Fed head honcho President Dennis LockhartBernie MadoffBloombergEconomicsFamily Dollar Stores Inc.Feb. 2Fed head honchosIIreneJP MorganL Brands Inc.LockhartMondayOctoberP/EPhiladelphia Fed head Charles PlosserQE endRichard FisherUS businessesUS consumersWells FargoYes Virginia