THE GREAT CORPORATE EARNINGS FRAUD
“What are the odds that people will make smart decisions about money if they don’t need to make smart decisions–if they can get rich making dumb decisions? The incentives on Wall Street were all wrong;...
View ArticleMOTHER OF THE YEAR NOMINEE
At least the kid has a nice stolen jacket and backpack. The kid is clearly a high performer, as Philly “youths” usually don’t know their address until they are 12 or 13 years old. Police issue warrant...
View ArticleMalinvestment In US Malls—-800 Department Stores Or One Fifth Of Capacity Now...
Oh look. The MSM is now writing stories I already wrote four years ago. They are really adding value. By Suzanne Kapner at The Wall Street Journal Department stores need to close hundreds of...
View ArticleMacy’s Massacred After Slashing Outlook On “Uncertain Consumer” As...
Wow!! Who could have possibly seen this coming? Oh Yeah. Me. http://www.theburningplatform.com/2016/01/06/and-it-begins-2/...
View ArticleInitial Jobless Claims Soar Most In 11 Years To 15-Month Highs
The last nail in the MSM narrative of economic recovery. Jobs are always a lagging indicator. The retailer results this week have been disastrous. Kohl’s and Macy’s shit the bed. Consumers aren’t...
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Macy’s, Kohl’s Crash After Reporting Abysmal Holiday Sales; Cut Guidance;...
One of my 2017 forecast predictions didn’t take long to be right. Shitty Christmas sales, retail implosion, store closings, and in a couple weeks a Sears bankruptcy announcement. Reality bites. Time to...
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WHAT THE HELL IS GOING ON?
“The older I grow, the more I distrust the familiar doctrine that age brings wisdom.” – H.L. Mencken “The older I get the less I listen to what people say and the more I look at what they do.”–...
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Why the Retail Apocalypse Has Only Just Begun…
Guest Post by Justin Spittler One of the world’s most iconic retailers is on its deathbed. Sears is one of America’s oldest companies. It opened its first store in 1886, five years before the zipper...
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Macy’s Plummets 17% After Cutting Guidance As Retailers Tumble
A critical thinking person might wonder how retailers across the board, plus Apple, can be reporting shitty sales and profits if the average American is doing as well as Trump and the MSM keep touting....
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