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BruceInKY

BruceInKY
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  • Brent falls on weak U.S. demand [View news story]
    Recovery Summer 5 is apparently bipedal.
    Jul 10, 2014. 07:21 AM | 1 Like Like |Link to Comment
  • Kroger - Great Performance, Limited Appeal After A Very Strong Performance Already [View article]
    Kroger dominates my local market, with 3 upscale stores within a 5-mile triangle. I try to give Fresh Market and an independent green grocer as much business as possible but I cannot avoid them.
    Jun 25, 2014. 05:53 PM | Likes Like |Link to Comment
  • May CPI at +0.4%, exceeds consensus [View news story]
    SivBum,

    Prices are also going up due to higher regulatory and tax burdens. Got a two-man, three part-timer shop so where about as productive as we can be. My suppliers are trying to manage their inventory by forcing me to buy bigger deals that tie up my cash, turn over is about 20% of goods on shelf per month, my business cannot legally sell goods on-line, payback on more efficient fixtures will exceed the terms of my lease by a decade. But thanks for your constructive suggestions, and I hope you use cash at your local retailers since you care about the bottom line...which is oh so different and more complex than it was 30 years ago.
    Jun 17, 2014. 05:36 PM | 1 Like Like |Link to Comment
  • May CPI at +0.4%, exceeds consensus [View news story]
    I have a retail store with hundreds of items and almost two dozen suppliers. Every month we see price increases on high- and low-volume items, which we by necessity pass on to shoppers. My sales "gains" for the last six months are not due to increased traffic or demand but to increased prices. And my fixed costs are increasing not decreasing.
    Jun 17, 2014. 09:24 AM | 5 Likes Like |Link to Comment
  • Report: DOJ wants more than $10B from Citi over mortgages [View news story]
    Our government strongly resembles a criminal enterprise.
    Jun 14, 2014. 12:07 PM | 1 Like Like |Link to Comment
  • Senate confirms Fischer as Fed vice chair [View news story]
    Let the printing continue.
    Jun 12, 2014. 06:47 PM | Likes Like |Link to Comment
  • Report: $35B in penalties coming over currency-rigging [View news story]
    Are you for real or just a parody?
    Jun 12, 2014. 12:55 PM | Likes Like |Link to Comment
  • Report: $35B in penalties coming over currency-rigging [View news story]
    Sadly, those menopausal housewives turned out in droves to re-elect Dear Leader and are eagerly awaiting the opportunity to put Hillary into office. With Janet Yellen now heading the Fed, investment banks have never had better friends.
    Jun 12, 2014. 10:59 AM | 3 Likes Like |Link to Comment
  • Job cuts climbed to the highest level in May, 31% [View news story]
    Recovery Summer 5 is upon us. All hail Dear Leader!
    Jun 5, 2014. 09:20 AM | 1 Like Like |Link to Comment
  • Los Angeles sues JPMorgan for predatory lending [View news story]
    I believe the banks had to cast aside a modicum of common sense because the government was insisting they make those loans. Just because the government can bully private enterprises into irresponsible lending does not excuse Fannie/Freddie, Dodd/Frank in the slightest.
    May 30, 2014. 08:21 PM | 11 Likes Like |Link to Comment
  • FCC backs neutrality proposal; Wheeler open to tougher rules [View news story]
    Great. More government interference in the marketplace.
    May 15, 2014. 05:57 PM | 1 Like Like |Link to Comment
  • Jobless Claims at 297K [View news story]
    We have always been at war with Oceania.
    May 15, 2014. 08:46 AM | 1 Like Like |Link to Comment
  • Wal-Mart misses by $0.05, misses on revenue [View news story]
    Lot of rain in my neck of the woods, as Al Roker might say. "Mister President...Mister President...wave at me, give me some screen time!"
    May 15, 2014. 08:39 AM | Likes Like |Link to Comment
  • Wal-Mart misses by $0.05, misses on revenue [View news story]
    bbro, where are you? I need this to be put in the context of growth and recovery, no recession looming.
    May 15, 2014. 08:23 AM | 1 Like Like |Link to Comment
  • Japanese growth surges ahead of rise in sales tax [View news story]
    "The economy was boosted by personal consumption soaring an annualized 8.5% as shoppers rushed to make purchases prior to sales tax rising to 8% from 5% on April 1."

    BANZAI! The rabbit hutches are packed to the rafters with bags of rice, tubs of miso, crates of nihonshu, paper products, and jars of tsukemono.
    May 15, 2014. 08:21 AM | 1 Like Like |Link to Comment
COMMENTS STATS
443 Comments
632 Likes