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Dave Wrixon » Comments » ANF

  • RIP: Retail Stores Closed in 2009  [View article]
    A taste of things to come.
    Nov 20 06:01 am |Rating: +1 0 |Link to Comment
  • General Growth Properties Bankruptcy: Not the End of Malls [View article]
    And the disclosure of interest?
    Oct 09 16:45 pm |Rating: +1 -1 |Link to Comment
  • Report from Europe for Friday, Sept. 4 [View article]
    Nup, until you start to address the Federal Deficit you are firmly stuck in the Denial Phase.


    On Sep 05 08:31 AM Bruce Krasting wrote:

    > There are a number of videos out there of angry people. In a way
    > it is humor but it is not. There is nothing funny about it. There
    > are many people out there that are as mad as this guy. They may not
    > be doing Utube videos, but they are just as hot under the collar.
    >
    >
    > My guess is that something else is going to happen. Not sure what.
    > My guess is that shortages of certain things is going to take us
    > over the top. No sugar, no gas, no health care, no police, rising
    > crime another recession. Something is going to give. We just have
    > too many wobbly legs for us to miss the next bullet.
    >
    > When 'that' happens we will have real anger and it just might spill
    > over to the street.
    >
    > The net result will be a wave of debt repudiation. It will become
    > an avalanche of "no pays". Hang on, we are just starting the anger
    > phase of this in America.
    Sep 06 03:41 am |Rating: 0 0 |Link to Comment
  • Weak Consumer Spending - Get Used to It [View article]
    Your Best Article yet! Very perceptive.
    Aug 17 08:24 am |Rating: +1 0 |Link to Comment
  • U.S. Malls and the State of Retail [View article]
    Yep and the pinnacle of your aspirations is a foreign import.


    On Jun 26 02:44 PM Carlos Lam wrote:

    > "My fundamental belief is we're an aspirational society. We want
    > to upgrade from Chevy to Cadillac to Mercedes."
    >
    > That is the problem: we buy more than we can afford and, as a consequence,
    > take on leverage. Household debt is at just under 100% of GDP.
    > The latest Federal Reserve data shows that the average American household
    > has about $8,000 in credit card debt. We need to save.
    Jun 26 16:47 pm |Rating: 0 -1 |Link to Comment
  • Earnings Season: U.S. Banks Will Make or Break the Rally [View article]
    Reality suspended.

    This preliminary announcement was almost as disingenuous as the Citibank Memo.

    It is the below the line earnings that matter, not some BS figure that ignores the write downs.
    Apr 13 15:23 pm |Rating: +1 -2 |Link to Comment
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