These Are that Stores that Got Pummeled the Most by E-Commerce

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Brick-and-mortar sales at hero-of-the-day Nordstrom actually fell! Nordstrom’s shares popped 12% this morning after it reported better-than-expected results. Where did the sales gains come from: e-commerce sales. Sales from Nordstrom.com soared 50% year-over year to $897 million. Including …

READ MORE

Who Makes Up These Rules?

David Knight shares the sentiments of Tim Allen, Lenny Bruce, and other great comedians in wondering who makes these politically correct social media rules that can be enforced extra-judicially. https://www.youtube.com/watch?v=rMXvoKbn_CY

Americans Are FLEEING These Cities! Why Do People Abandon Their State?

Would you consider leaving your city or state if it didn’t meet your needs? Taxes too high, bad policies, increased crime, etc. flows.png (890×687) https://www.zerohedge.com/sites/default/files/inline-images/flows.png?itok=2U1t3tRx Population migration: US cities Americans are abandoning https://www.usatoday.com/story/money/economy/2018/07/05/cities-americans-abandoning-population-migration/35801453/

“Is Anyone Actually Dumb Enough Not to Recognize These Are Bubbles?”

DEFORM THE COST OF #MONEY (#INTERESTRATES), DEFORM THE VALUE OF EVERYTHING https://twitter.com/OccupyWisdom/status/1007487736096411648 https://twitter.com/jtepper2/status/1007250459780886528 https://twitter.com/OccupyWisdom/status/1007503545514512384 Bitcoin $BTC support levels: ̶1̶9̶,̶0̶0̶0̶ ̶1̶8̶,̶0̶0̶0̶ ̶1̶7̶,̶0̶0̶0̶ ̶1̶6̶,̶0̶0̶0̶ ̶1̶5̶,̶0̶0̶0̶ ̶1̶4̶,̶0̶0̶0̶ ̶1̶3̶,̶0̶0̶0̶ ̶1̶2̶,̶0̶0̶0̶ ̶1̶1̶,̶0̶0̶0̶ ̶1̶0̶,̶0̶0̶0̶ ̶9̶,̶0̶0̶0̶ ̶8̶,̶0̶0̶0̶ ̶7̶,̶0̶0̶0̶6,0005,0004,0003,0002,0001,000666420690 — Ramp Capital (@RampCapitalLLC) June 13, 2018 Tesla Net …

READ MORE

One Of These Lines Is Not Like The Others

https://twitter.com/OccupyWisdom/status/1003255494784544768 Talking about housing bubble…thanks to gold http://telegraph.com https://twitter.com/AndysCycles/status/1003174374944354304 https://twitter.com/OccupyWisdom/status/978422460772122625 h/t OccupyWisdom

If this is a trade war, the United States will win – The US has trade deficits with all of these countries – How can they put tariffs on American goods that they don’t actually buy?

They can’t, and what they do buy, pales before what Americans buy from themAMERICA FIRST via spectator.co.uk: Donald Trump is following through on his threat—or promise, as his voters see it—to impose steep tariffs on foreign goods in the name …

READ MORE