Wednesday, June 1, 2016

The Jobless Consumer Bubble Is Set To Implode

"They successfully bypassed the entire economy and invested their 'savings' in the S&P 500. They were not the sharpest tools in the shed by any measure"

EVERY other retail has rolled over. Next comes Amazon. 

In 2015, Nike, Under Armour, and Home Depot were top retail performers...

Now only Amazon is holding up the entire retail sector...
Amazon versus Sears

Macy's, not so much:

"They bet it all on the jobless consumer, because no one told them there's no such thing"

Consumer sentiment