Giant retailers are starting to feel the heat of the recession that we’re in right now and will be announced after-the-fact next year.
Retail Fail
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.
A Little Cost Slippage
Costco (COST) is one of the most reliable stocks in the world. They may have a P/E in the mid-50s, but the market figures there are enough buyers of industrial-sized mayonnaise vats to keep the party going.
Addicted to Getting High
As we all await Powell tomorrow, and the market just keeps grinding its way higher, the retail report came out. For the second month in a row, it was a big miss, aligning with my judgment that we are in a recession and are heading much deeper into it. Weirdly, this bad economic news is just what the bulls wanted to see, since it feeds into the interest-rate-drops-are-good narrative.
Dollars to Doughnuts
Talk about a big fish that got away! Here’s TWO of them, which I’ve mentioned endlessly as short ideas for months now. Dollar General……….
