A hub for independent voices and hard truths
by BLOWED UP REAL GOOD I have noticed that retail sales for a lot of corporations are HORRIBLE these days. People are NOT spending money based in the results that I have seen from corporate sales data from a lot of huge corporations. I think this economy is heading for …
AAII Retail Bears imploded. I could have told you that, based upon my own blog stats.https://t.co/zkBkk5kr0w"All it took was a 3% pop for the S&P 500 to send bears scurrying back into the woods." pic.twitter.com/a1K2Coywgm — Mac10 (@SuburbanDrone) May 9, 2024 The ultimate “big bang” singularity will be $SPX hitting …
Retail investors are pulling out of stocks amid signs of economic slowdown, reflecting a shift towards caution. Many are tapping into savings and reducing stock exposure, signaling a realization of economic challenges ahead. While some investors remain bullish, a majority are opting for safer options, avoiding unnecessary risks. This will …
Agency says milk supply is safe, but acknowledges a lack of testing. The U.S. Food and Drug Administration (FDA) is not sure whether any intact highly pathogenic avian influenza is present in milk sold in grocery stores, an FDA official told a conference on April 25. “Does any live virus …
April 22 (Reuters) – Fashion retailer Express Inc (EXPR.PK), opens new tab has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday. The retailer whose portfolio includes brands such as Express, Bonobos and UpWest Express, listed assets and liabilities in …
Oh, did you know that in sunny California, you can stroll into any old shop 365 days a year and swipe $949 worth of stuff off the shelves? And get this, you won’t spend a single second behind bars! Oh, but it gets better! Apparently, according to the law of …
Target, once the darling of the retail industry, is witnessing a notable decline this year. This retail giant, known for its commitment to quality, style, and affordability, has faced various challenges that have impacted its market position. Their financial performance has taken a nosedive, with profits dropping dramatically over the …
Despite a seemingly positive uptick in retail sales, recent data unveils a troubling reality: inflation’s pervasive impact on essential goods like food and energy. While headline figures may suggest economic resilience, deeper analysis reveals concerning trends, with nondiscretionary goods experiencing significant month-over-month price increases. The disparity between sectors, with gas …
Things are going downhill, and they’re going downhill fast. Walmart is the biggest supermarket in the United States. According to the official tracking metrics of Walmart’s income levels, the annual revenue of this superstore chain is just over 611 billion dollars. So why is Walmart closing its stores? Walmart is …
The Target corporation was once known for being a retail giant and a very popular household name. The founder of the Target Corporation, George Dayton created the business with the people and community in mind. E-commerce came in and changed the game for traditional retail, this led to shifts in …
In the realm of economic indicators, recent trends in the US retail sector are sending warning signals. Real retail sales have declined by 1.6% year over year, a concerning downturn that historically precedes a recession. Moreover, the stagnation in retail sales is mirrored by a surge in unsold new-build inventory, …
🚨HSBC LAUNCHES DIGITAL GOLD The HSBC Gold Token is the first #digitalgold coin in the world launched by a bank for retail buyers. ✅ Gold tokens represent gold in bank’s vault ✅ Blockchain allows holders to more easily track #gold they own pic.twitter.com/OSU4jnD9wa — Peter Spina ⚒ GoldSeek | SilverSeek …
Cautious #ECB last week amid upside risks to inflation due to solid wage growth. More data is needed to confirm that inflation is sustainably converging to target. Encouragingly, compensation per employee eased in Q4 to 2.8% from 3.6% Y/Y in line with negotiated wages. pic.twitter.com/rLmagWxE3n — Sabrina Khanniche (@skhanniche) March …
The Dallas Federal Reserve’s somber report reveals a slight contraction in the service sector in January. Retail, in particular, nosedives with the fastest sales drop since April ’20, casting a shadow on the overall health of the economy. The modest employment gains in non-retail services provide only marginal relief, painting …
by confoundedinterest17 The Fed had better think twice about expected rate cuts. The market just isn’t feeling it. Treasury yields rose Wednesday, with the 10-year yield touching almost 4.10% as investors focused on stronger-than-expected December retail sales and the latest remarks from Federal Reserve members. The yield on the 10-year Treasury note was recently …
The financial landscape is fraught with warning signs as retail investors remain fully invested in stocks, and cautionary voices like market prophet Gary Shilling raise alarms about the precarious nature of the current market conditions. Recent data from the monthly AAII asset allocation report for December reveals that investors are …
by Fugazi World My wife and I own a small mom and pop candy and gift store in Northeast PA and although it wasn’t a complete bust, it was nothing like last year. The economy is toast folks, as most of you know. Main Stream Propaganda is propping up Creep …
by Stumpknocker The sales side (or variable operations) in the Retail Automotive sector is crashing. Service (fixed ops) isn’t fairing much better. I’m very glad I sold my store a few years ago. I consult for several OEMs, and they are beginning to panic. At several, ROS, or Return on …
Walmart ($WMT) experiences an 8% decline as CFO expresses concern over October trends, prompting a reevaluation of consumer health. The retail giant notes a significant sales drop in the last two weeks of October, and management remains cautious, acknowledging ongoing strain on consumers. Despite inflation easing towards 3%, the lingering …
Lower-income consumers have been hit harder by rising prices for basics. And those higher prices overall have made customers more selective when they spend on things they want rather than things they need. Higher energy prices and borrowing costs, as well as stricter credit conditions and the return of student-loan …
In a concerning departure from the norm, overnight markets are witnessing unsettling sell-offs, followed by perplexing rallies during regular trading hours. This topsy-turvy trend contradicts the typical pattern where most gains occur outside regular hours. What’s even more disconcerting is the suspicion that prominent market players are offloading their positions …
h/t Ok-Internet-41 Caption: Today (Nov 1) article stating Fed rate pause caused market to RISE https://www.cnn.com/business/live-new… Caption: Sep 20 article stating Fed rate pause caused market to FALL https://www.wsj.com/livecoverage/fed-…
Sep 26, 2023 Target has announced that it will close nine of its stores nationwide, including one on 117th Street in East Harlem on October 21, citing rampant shoplifting that threatens the safety of employees and customers. Jul 18, 2023 San Francisco supermarkets and retailers are implementing unprecedented security measures to thwart …
The notion of “excess savings” appears to be unraveling as the U.S. Savings Rate took a notable hit in September. We can cancel the "excess savings" idiocy In Sept, the US Savings Rate collapsed from 4.0% to 3.4%, the lowest this year, and the 4th month in a row of …
AI: “Profiting from a bond market collapse, which often implies rising interest rates and falling bond prices, can be challenging and risky for retail investors. Here are some strategies to consider, but keep in mind that these carry inherent risks, and it’s essential to consult with a financial advisor before …
Amazon faces allegations of using a secret algorithm to raise prices significantly for U.S. consumers, with reports of sharp price hikes both online and in physical stores, impacting products from groceries to streaming services, potentially leading to regulatory action and stock declines amid a tough year for the e-commerce giant. …
Stock market looks bad. Head & shoulders pattern is completed. Carsh month of October is here. Too many economic headwinds to even begin to list. I think the rug pull is here tards. $ES_F S&P 500 Futures in the red this morning despite an initial gap up on government shutdown …
US housing market affordability is, by far, at its lowest point in history. Even in the worst part of the 2008 financial crisis, affordability was ~15% BETTER than its current levels. With the recent move higher in treasury yields, we should see 8%+ mortgages within a week or… pic.twitter.com/fhfRwmMcSf — …
Our societal breakdown is happening by design. via YAHOO: Losses from retail crime ticked up in 2022, causing many retailers across the country to change the way they do business, according to a survey released on Tuesday by the National Retail Federation. “Retailers are seeing unprecedented levels of theft coupled …
