Earnings Preview: 4 Companies That Could Surprise [View article]
Please, a surprise at these ridiculously revised downward estimates, it means nothing.
Retail is a very bad investment.
The consumer is dead on their feet and not coming back to pre-recession levels probably for decades. Consumer spending habits have changed. No more easy mortgaged appreciating houses to use for ATM machines to buy stuff any more. All retail will have less earnings for years to come.
Earnings Preview: 4 Companies That Could Surprise [View article]
Retail is a very bad investment.
The consumer is dead on their feet and not coming back to pre-recession levels probably for decades. Consumer spending habits have changed. No more easy mortgaged appreciating houses to use for ATM machines to buy stuff any more. All retail will have less earnings for years to come.