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12-30-2021, 12:47 PM | #12166 | |
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12-30-2021, 12:48 PM | #12167 |
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Retail is gonna get rekt so bad. A crash is basically inevitable this year.
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12-30-2021, 12:58 PM | #12168 |
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You would think but consumers are just spending like crazy. Christmas sales numbers will tell a lot.
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12-30-2021, 01:29 PM | #12169 |
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Why do you think that? It's a boom time for younger workers who are more likely to have kids and who are still in acquisition mode on household goods. I would think that portends growth in retail over the next several months.
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12-30-2021, 01:59 PM | #12170 | |
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Put simple, we are ****ed and the entire economy is in for necessary and serious correction. Not to mention Covid, Russia, and China fear plaguing 2022. It's a bad time to be a buyer right now. Pretty much everything is over priced.
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12-30-2021, 02:06 PM | #12171 | |
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It's just the opposite.
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12-30-2021, 02:07 PM | #12172 |
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The inflation part is the great unknown.
That would be a depresser on things.
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12-30-2021, 02:26 PM | #12173 |
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Stimuluses are gone, child tax credits are gone.
Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings. https://fred.stlouisfed.org/series/PSAVERT Credit card debt is surging higher. https://www.cnbc.com/2021/12/27/holi...card-debt.html Retail won't be able to buy these toppy dips forever.
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12-30-2021, 02:34 PM | #12174 | |
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I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think?
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12-30-2021, 02:39 PM | #12175 | |
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In the big picture that's not as good as the situation last year where people were saving and paying down debt, but it's just moving back to historic norms based on what I'm reading.
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12-30-2021, 02:51 PM | #12176 |
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Nobody knows shit about ****.
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12-30-2021, 02:53 PM | #12177 |
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12-30-2021, 03:06 PM | #12178 |
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12-30-2021, 03:10 PM | #12179 |
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They’ve been predicting a crash and long bear market for 5 years now. Yawn.
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12-30-2021, 04:20 PM | #12180 |
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