Silver as an investment

Category Archives: NRF

“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 […]

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 […]

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 […]

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 […]

ZeroHedge: Are Chip Readers A ‘Clever’ Way For Visa And MasterCard To Increase Revenue?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Ever since merchants changed out payment terminals last October in order to comply with new rules and accept chip cards, merchants are seeing expenses relating to debit transaction fees increasing, in some cases as much as 20%. The reason stems […]

ZeroHedge: What Hedge Funds Bought And Sold In Q4: The Full 13-F Summary

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Yesterday was the last day for hedge funds to submit their Q4 13-F filings, and the biggest reactions this morning can be found in the stock of Kinder Morgan which rises 9% pre-mkt after Berkshire reported a new stake. Autodesk […]

There Better Be a Miracle for Retailers

wolfstreet.com / by Wolf Richter / November 30, 2015 They tried to spin it in the most favorable light, and even then it was ugly. It’s early in the shopping season, and Americans might still come out and head to the mall in massive numbers and do their patriotic duty and buy things that ideally no one needs […]

Black Friday Total Sales Crash 10% (Despite Rise In Online Spend)

We can hear the mainstream media now – "Great News Everyone!! The American consumer is back" – online sales on Black Friday rose 10% to $1.7 billion which ComScore says shows "strong spending." The only problem is – which we suspect will be oddly missing from the mainstream narrative, as ShopperTrak reports total sales on […]

The Videos Are In: US Shoppers Go Wild, Beat Each Other Up To Celebrate Black Friday Sales

It’s Black Friday which means the US is flooded with videos of its favorite pastime: mauls in the malls, as vicious brawls and fights break out among total strangers across across America’s countless retail outlets. The first videos trickle in:   And yet, this year there may be a shift. Moments ago IBM Watson Trend […]

Top Hedge Funds Dump Stocks In Q3: Complete 13-F Summary

While the drama that takes place every three months on the 15th of each February, May, August, and November when hedge funds release their long equity holdings disclosures in quarterly 13F filings for the quarter that ended 45 days earlier, is vastly overblown (simply because current holding periods for most speculators are far shorter), 13-F […]