Retail Stocks

[Waltzing]

term one of CD (chump the Dump) took 2 years for a china trade deal...


well ....

and with everything else falling apart for the chump in charge of the Dumb an Dumber House...

retail might not get wiped out then... good news..


https://edition.cnn.com/2025/04/23/business/stock-market-dow-jerome-powell-fed-trump/index.html

[Waltzing]

RBNZ mst be weeeeell behind now...

100 BPS needed soon...

1 % growth for current year predicted...

Mark... FAIL...D

[Waltzing]

huge drop in oil prices and it will drop farther now below 60....

RBNZ now well behind the curve... at least 50 needed ... 75 would and should be on the table.. 100 would get them ahead...

but after reading the latest tax payer letter which we dont have time to read... the ministries are  busy being in conformance with the treaty  than worrying about the economy....

they need your money .... you dont have money to spend on yourselfs... your not allowed...

[KW]

Aussie retail going well (update from Vicinity VCX.ASX)

Portfolio sales trends in 3Q FY25:
• Robust retail sales growth in 3Q FY25 likely supported by positive shopper sentiment following the Reserve Bank of Australia's decision to reduce the official cash rate by 25bps in February, continued moderation of inflation, and strong employment
• Positive growth in 3Q FY25 delivered despite adverse impact of the timing of Easter in 2025 (i.e., Easter falls in 4Q FY25 versus 3Q FY24), Cyclone Alfred in south-east Queensland and one extra trading day in 3Q FY24 arising from the leap year in 2024
• Variation of retailer performance within consumer categories driven by increasing brand affinity by shoppers; Vicinity assets a key beneficiary of this trend following active retailer remixing activity, notably across its premium assets in FY24 and FY25
• Strongly performing categories included Leisure, driven by strong demand for athleisure, Jewellery, Retail Services and Homewares, which was supported by both traditional homewares and electronics
• Food retail and Food catering also performed strongly, reflecting Vicinity's focused investment in uplifting the quality of both its fresh food and in-centre dining offers across its portfolio
• Despite the timing of Easter, Apparel and Footwear sales in 3Q FY25 (excluding luxury) were positive, up +1.5%, led by fashion accessories and footwear
• CBDs continue to perform strongly, delivering +8.8% sales growth across the mini majors and specialty stores

[KW]

Update from the other Australian mall owner

Scentre Group Chief Executive Officer Elliott Rusanow said: "Customer visitation to our 42 Westfield destinations in the 18 weeks to 4 May 2025 was 179 million, up 2.3% or 4.1 million more than the same period in 2024.

"Our business partners achieved $6.7 billion of sales in the 3 months ended 31 March 2025, up 2.8% compared to the same period in 2024.

"On a rolling 12-month basis to 31 March 2025, our business partners achieved record sales of $29.1 billion.

[BlackPeter]

Update from the other Australian mall owner

Scentre Group Chief Executive Officer Elliott Rusanow said: "Customer visitation to our 42 Westfield destinations in the 18 weeks to 4 May 2025 was 179 million, up 2.3% or 4.1 million more than the same period in 2024.

"Our business partners achieved $6.7 billion of sales in the 3 months ended 31 March 2025, up 2.8% compared to the same period in 2024.

"On a rolling 12-month basis to 31 March 2025, our business partners achieved record sales of $29.1 billion.

Assuming they count dollars spent or something like that? Just remind us what the Inflation currently is in Aus? If its something like 2 to 3%, then this means that they had nominally the same business as last year. Flatlining. Always good if ones record is exclusively thanks to inflation ...

[Waltzing]

GUNDLACH saying watch the long end and its at 4.7 and he says that inflation expectation from some surveys is at 6 percent for next year not 2....

the US facing the debt crunch... and hes expecting a shock in the system in the US private credit market...

[Waltzing]

30 yr creeping to 5.... bit like a tipping point...