Can we now please say there might be economic trouble on the horizon? I mean, if the consumer finally gives up, aren't we all screwed?

From department stores to discount chains, sales were dismal last month, suggesting that rising gas prices and the flagging housing market are starting to weigh on American consumers.

And don't forget food inflation, damnit!

But Saks Fifth Avenue's sales are up:

Luxury chains did well — especially Saks Inc., up 11.7% — and wholesale clubs turned in respectable results. Otherwise, the suffering was widespread.

What more proof do you need that there are two economies?