Holiday Sales Outlook

Source: Wells Fargo In what undoubtedly will be remembered as one of the most challenging and transformative years for most retailers, we are forecasting holiday sales will increase 9.0% in 2020, which would be the largest increase on record (Figure 1). …

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ALICE Doesn’t Work Here Anymore

by Charles Hugh-Smith What the political class and the Financial Nobility don’t yet grasp is that ALICE will never go back to her insecure, low-wage job, ever. Meet ALICE: Asset Limited, Income Constrained, Employed, at least she was employed until the …

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US about to lock it down again!?

Just hours after Chicago Mayor Lori Lightfoot announced new restrictions on businesses in response to rising COVID-19 cases, White House coronavirus response coordinator Dr. Deborah Birx cautioned that closing public spaces may not stop the illness’s spread. Birx said it’s …

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