adan

Retailers Leading the Way? Not Really.

excellant article, thanks!

what's ironic is -

when food and gas prices finally come down, and the stock market is celebrating, reported retail sales will finally crash

and at that point, as you suggest, the fed, who's busy saving the biggest banks, will be unable/unwilling to save the retail sector

but isn't that part of why they've been preparing the banks survival?

maybe we should be doing the same: dump our bad assets, get rid of our debt, and shore up our balance sheets

now if we could just get some health coverage with that :-)

Misleading April Retail Numbers: Invest In Discounters

michaelservet above had some good info i hadn't heard about (or i'd read and forgotten about) re companies that've discontinued same-store-sales

it'd be so very good if the financial reporters on tv etc would mention this and give us a balanced picture

it's time to let america grow up and know the facts

continued omissions just erodes what trust there is still in the system, which is terribly counter-productive for continuing a thriving capitalist society (read: belief that one can still make more $, specifically enough to set oneself free financially)