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KEY POINTS Nordstrom shares are trading nearly $20 a share lower than a $50 a share buyout offer it rejected as too low two years ago. The slide doesn’t mean … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter How its own online sales, now one-third of its total sales, eat its brick & mortar. But it’s a matter of survival. The largest brick-and-mortar retailers … Read more
by John Rubino The sense that something isn’t right out there just got a lot stronger. And the Fed, in response, is now tiptoeing back towards QE. Let’s start with … Read more