Perhaps the insatiable U.S. consumer is actually started to get sated after all.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Restoration Decimation
At the risk of producing another “occasional winner” (thanks, Northman) may I present to you Restoration Hardware, purveyor of overpriced furnishings. I think this one’s in trouble, folks.
Bearish on Urban Outfitters
Urban Outfitters (URBN) is one of my short positions, and I found out today that – honest to God – they have a $200 bear coat (which kind of looks like it’s not exactly made of the finest materials, to say the least). In spite of this nod to the ursine set, I think it’s a great long-term short. (more…)
The Future K-Mart
In early 2007, JC Penney (which had already been out of style for many, many years) was nearly an $80 stock and was one of the darlings of the retail sector. Lately, of course, things haven’t looked so good for the erstwhile purveyor of polyester, and it got as low at $6.24. It has risen mightily recently, but I think this bounce will run out of gas soon, and this year’s lows will be taken out in early 2014. (more…)
