Wednesday, November 23, 2016

Black Thursday: Giving Thanks To The Jobless Consumer

Because no one told them there's no such thing, ex-Ponzi...

Tomorrow is the day when jobless consumers give thanks by skipping family dinner to line up at Walmart to buy cheap junk made in China - in the process forcing every underpaid retail worker to do the same...because they can't do that every other day of the year...




So let's take a look at some of the top retailers...

Walmart:



Gap 'n Crap



Kohl's



Macy's



Ralph Lauren



Sears



And the company that's taking sales from all of the above...



Fake hope, meet reality. And good luck.

The Nasdaq 100 is breaking bad (QQQ/Dow ratio):