Silver as an investment

Category Archives: National Retail Federation

“I Was Expecting Many More People”: Black Friday Tumbles To 3rd Spot In Busiest Shopping Days Of The Year

It has been an odd year for retail: with an estimated 6,000 store closures, and 65,000 fewer retail jobs than at the start of the year, many have said shorting retail, and especially malls, is the next “big short” trade. Indeed, one look at the performance of the mall heavy CMBX 6 BBB- tranche confirms […]

Caught On Tape: Chaos, Multiple Fights Break Out Among “Black Friday Zombies”

It’s Black Friday, and in keeping with the Holiday weekend tradition, media commentator Mark Dice traveled to Wal-Marts and other stores to document the “zombie apocalypse” of half-awake consumers hell-bent on elbowing past their peers so they can be sure to get the best deals on electronics, books, video games, clothes and any number of […]

Weekend Reading: You Have Been Warned

Authored by Lance Roberts via RealInvestmentAdvice.com, Investors aren’t paying attention. There is an important picture that is currently developing which, if it continues, will impact earnings and ultimately the stock market. Let’s take a look at some interesting economic numbers out this past week. On Tuesday, we saw the release of the Producer Price Index […]

Visa Begins Bribing Merchants To Stop Taking Cash

Authored by Yves Smith via Naked Capitalism blog, The war on cash is escalating. A big driver isn’t central banks who want to be able to inflict negative interest rates on savers, or Treasuries who see cash transactions as hiding revenues from their tax collectors, but the payment networks that want to kill cash (and […]

Tax Strike? IRS Has Received 13% Fewer Returns This Year

Submitted by Nicholas Colas of Convergex The (Tax Refund) Check Is Not In The Mail No one likes paying taxes, but this year Americans are taking things to extremes. Through last Friday, the IRS had received 13.3% fewer returns than the same period last year.  And it seems like we’re not even really interested in […]

Republican Version Of ‘Cadillac Tax’ In Obamacare Replacement Drawing Fire From Employers And Unions

Back in 2009, the Obama administration drew a lot of fire from employers and labor unions over Obamacare’s so-called “Cadillac Tax”, a tax on healthcare premiums over a certain threshold.  Apparently, the United Auto Workers in the Midwest had grown accustomed to their unlimited supply of Viagra, completely free of charge, and were unwilling to […]

Millennials’ Holiday Wish List

Via ConvergEx's Nicholas Colas: Millennials (those born between the early ‘80s and mid ‘90s) and Gen Z (born after 1996) now make up America’s largest consumer base, so their preferences will shape spending patterns for years to come. Despite the financial headwinds facing millennials, such as student loans, they have already helped drive spending this […]

Black-Friday-Weekend Woes End “Trump Effect”

wolfstreet.com / by Wolf Richter / November 27, 2016 Back to the Retail Quagmire. Since Trump’s victory, stocks have soared in magic anticipation that the economy would somehow suddenly rise from its languid state and reach escape velocity. Consumer confidence has jumped, even according to Gallup’s Economic Confidence Index whose defining aspect over the years has been its […]

Retailers Panic: 63% Of Americans Plan Not To Shop On Black Friday

The day after Thanksgiving, also known as Black Friday, is when the holiday shopping season in the United States traditionally begins and is the day when retailers (at least in the past) finally turned a profit, going from “being in the red” to “in the black.” However, in recent years, this trend has seen turned […]