The Next “Big Short” Trade Is Back: Malls Are On The Cusp Implosion … Again
Over the last 48 hours, several big names in the American mall industry announced they would be slashing store counts to the tune of over 300 stores.
Gap said during its earnings call that it is going to shutter 230 locations over the next two years, just hours after JCPenney said that it would close 18 of its department stores. This news came after L Brands said they were going to close 53 Victoria’s Secret stores in North America this year according to Bloomberg. The icing on the cake was when “disruptor” Tesla recently announced all of its sales would be moving online, which is a nice way to say that almost all of its retail locations – many of which are located in malls – were going to close, leaving its “visionary” retail employees at their local unemployment lines.
Global Manufacturing Is Hitting The Skids
These PMIs are a scale for global demand and regional within the goods-based economy, giving an advance glimpse of official manufacturing data one or two months later. And for now, the US manufacturing sector is hanging on, even as manufacturers in China, Japan, and Germany are losing grip.
- “You would have a far-Right government in every country in Europe”
- Another domino is starting to fall…
- US Now Lone Suspect in Nord Stream Pipe Bombing
- Fact checkers are quick on damage control for Project Veritas video. He was literally talking about directed evolution of COVID-19. How in the hell is that not clear enough for you?
- The Food Supply is Contaminated With SPIKE PROTEINS
- The Covid Op Was the Catalyst That Propelled the Entire World Into a Soon Fully Digitized Surveillance State
- Have You Heard Of The “Tradwife Movement”?
- This is EXACTLY how they will take away the CASH. So easy it’s RIDICULOUS.
- The Russians are Going to Break Through Bakhmut
- Woman “forgives” her mothers killer, visits him in jail. Upon release woman gives him a job at the decease mothers house and is quickly killed too.
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