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Retail Bloodbath Rolls On...

Retail Bloodbath

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#1 Rogerdodger

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Posted 12 May 2017 - 09:46 AM

Like the frog in the pot, "Structural Change" is slow but dramatic.

Bad for the frog, but good for lovers of frog legs.

 

Me: Meet me at the record store. 

My Grand kids: The what?

 

Retail Bloodbath Rolls On...

Sales among nonstore retailers, which includes online shopping, jumped 1.4%, while department-store sales had a more mild rise of 0.2%. Nonstore sales are up nearly 12% over the past 12 months, while department store sales were down 3.7%.

 

Man! That hurts!

 

 



#2 alexnewbee

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Posted 12 May 2017 - 09:49 AM

it's all goes to AMZN


"we do G.d's work" Lloyd Blankfein

#3 NAV

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Posted 12 May 2017 - 09:55 AM

The aliens are taking over. Jeff Bezos certainly looks like an...

 

jeff-bezos-01304.jpg


Edited by NAV, 12 May 2017 - 09:57 AM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#4 Rogerdodger

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Posted 12 May 2017 - 10:00 AM

  He's looking at his $81,000,000,000 bank account.



#5 AChartist

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Posted 12 May 2017 - 10:13 AM

chinese consumption is not an economy, producing is, but it is the key indictor of middle class
marxist obamacide depopulation, cloward-pivon.

I dont understand it, so much on amazon will be cheap crap but sure can be cheap is the point I saw report "rich" at $250k single $450k joint tax returns was 3% of tax returns.

So if tax returns are 33% of population, 3% of 33% is 1%. 250k is the 1%.

So the "rich" with $250k taxed say 100K net, would be the big "rich" liberal "employers" that are "helping" poor people with a job.

cloward-pivon pigs to the slaughter. No limit to satanism by definition, absolute evil is like that.

The global warming weird science centralization amazon communists sure love burning all that fuel moving amazon stuff around in small parcels millions of transportation waste
increments.

I have to see and touch what I want to buy price is less of a consideration. What I would buy on amazon and such wouldnt be what I need to see and touch. I did buy a bigscreen and
a dell desktop they were direct shipped out of Korea, transportation waste increments.

 

On the next low with divergences I will buy some M stock. I said at the high it was time to short the retail etf but I
didnt do it personally, I am thinking next when is time to short insurance etf. I do have a pilot position in REK short real estate but that is so fake,

central bank "asset" is likely the last to work fighting city hall that way.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#6 opinionated

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Posted 14 May 2017 - 12:39 AM

I think over the long run those who short the rallies in I am will be rewarded greatly. One more attempt at a rally and the real crap hits the fan.