Spreading the truth. Empowering the people.
by WARREN MOSLER Rail Week Ending 15 December 2018: Economically Intuitive Sectors Continue In Contraction Written by Steven Hansen Week 50 of 2018 shows same week total rail traffic (from … Read more
by Dr. Eowyn Actions have consequences, and Dick’s Sporting Goods is discovering what its gun-control virtue-signaling costs. But Dick’s billionaire chairman and CEO doesn’t give a hoot. Dick’s first modified … Read more
Dick’s Sporting Goods is warning investors that its decision to remove certain “assault-style” weapons from its Field & Stream stores cost it dearly and may limit its future gains. The … Read more
by WARREN MOSLER Last month revised lower and looking weak: Highlights A drop for primary metals, a sharp drop for machinery, and a reversal for defense aircraft all pulled down … Read more
by NineteenEighty9 The United States is preparing new tariffs against all remaining Chinese imports if trade talks between Presidents Donald Trump and Xi Jinping fail to reconcile the ongoing trade … Read more
by WARREN MOSLER Need more tariffs… Highlights Amid the unfolding of tariff effects, exports are moving in the wrong direction and look to be a big negative for third-quarter GDP. … Read more
That’s a perfect picture of socialism. The people live in poverty while the rulers live as royalty. h/t GR
by DCG Shocker, not. Pandering to the social justice warriors doesn’t guarantee they’ll boost your profits. From CNBC: Shares of Dick’s Sporting Goods plunged by more than 9 percent Wednesday morning after the retailer … Read more
by WARREN MOSLER Larger than expected: Highlights In some of the early data coming out in this period of trade disputes, the goods deficit of the July trade report totaled … Read more
by realister ritholtz.com/wp-content/uploads/2012/01/Made-in-…-.png “How can it only be 2.7% when almost everything in Wal-Mart (NYSE: WMT ) is made in China?” Because Wal-Mart’s $260 billion in U.S. revenue isn’t exactly … Read more
This won’t end well for Canada. Background On May 31, 2018, the United States (U.S.) announced tariffs on imports of certain steel and aluminum products from Canada at the rates … Read more
by WARREN MOSLER Highlights Disruption tied to a fire at an auto supplier not only pulled down the previously released manufacturing component of the industrial production report but it also helped pull down … Read more
by WARREN MOSLER More weakness: Highlights Yesterday’s new home sales report showed less strength than expected while today’s existing home sales results are outright disappointing. Sales fell 2.5 percent in April … Read more
That’s what happens when you forget who makes up your customer base and decide to virtue signal instead. Here’s a great lesson on what businesses ought NOT to do in … Read more
by DCG Whatever makes them feeeeeeel good. Hope their stockholders are happy because this just means more business for Cabela’s. From Fox News: Dick’s Sporting Goods announced on Monday it will destroy all of the unsold … Read more
by: JD Heyes (Natural News) What happens when one of the nation’s largest gun retailers insults and punishes that core customer demographic with a virtue-signaling policy that will do nothing to prevent the … Read more
