Retail Stocks

[Basil]

KPG  also reported solid numbers for its malls.  Economists have predicted 18 of the last two recessions.

[Waltzing]

Tax cuts coming from MR Whippy Chippy but he cant as there is a new theory out for inflation....

which almost make government spending a RISK...

YAT ..... Yet Another Theory,,,,

[Waltzing]

although its not retail in south pacific AMD's Q1 warning in 10 percent drop in sales is interesting winner() <= 10

[winner (n)]

Some might see sales decline ....some will blossom

But at the end of the day total retail sales will grow over the next year ...always has always well.

They say only 10% odd of consumers are 'hurt' by recessions etc

[Waltzing]

hmmm ....

i remember helicopter ben saying ... house prices never go down...

Winner who hasnt been reviewing this document many time as research material.

https://www.youtube.com/watch?v=T2IaJwkqgPk

i mean everyone knew this was happening right and you were clued to the screens at 3 AM right?

it can never happen... right ....

the banking system is layer upon layer upon layer of debt....

balance sheets are almost meaningless; a tangled ledger of endless enteries. The ledgers are NOT multi demensional nor multi layered allowing for multiple data views or consolidations, no no no....

Reverse banks have no idea what would happen if people stopped buying houses at MV..its there worst nightmare.

house next door was sold to young plumber at 870 recently... not long ago it was less then 400.... its a 3rd size of the section sub dived on... in other words its a shoe box with a children hut and slide.. Its most attractive feature.... worth 870... IDIOTS.!

They little house was renovated by a builder who lived in it and now the little garden will be overgrown before you know it.

 It has access to the long sealed drive but doesnt own it..

he hasnt moved in .... you can see they think everything is fine... house prices never go down right..

seen it before this movie....

everyone said its fine,,,, just fine,.. six months later people looked at me and said what just happened? Joe K says at 2AM  NZ time , sometime in late 2007.. will there be contagion? and you knew... its coming to a country near you..

 

[Waltzing]

Kath Wood saying Yellen and Summers are saying inflation is going to shock on the down side later this year....

low inflation could even make a come back ...

right well one has to say stuff to stay in the head lines ...

CNBC Squawk box...

wood says by 2030 amazon will have more robots than employees...

inflation be a real problem by then... no inflation?

[Waltzing]

FED Chair speaking.... only 25..

it all sounds a bit fluffy .... "financial conditions determine POLICY restraint"

looks ike the start of END of the rate hike cycle...

10 YR 3.3  ....  shock ...

 

[Waltzing]

well the fed will have to really look hard at the data now as Non farm just hit it out of the park....

and they will be to scared to lower the rate...

retail could stay under pressure for a while.

but its back to work in the 10 biggest US cities which means those city centres will be starting to hum again..

workers will have to be at work 4 days a week at the office up from 3.

does that mean less time to ON LINE shop?

[Waltzing]

FED chair about to speak ....  here we go... anticipates,,, ONGOING RATE INCREASES....

Market got it wrong?

"let me say " all these numbers we are throwing around... we are whaaaffling around the data ... AND SOOOOO!

we will continue to Waffle  around the data ...

BUT it is likely we will conintue to hike rates ...

"HIKE RATES".....

but we will continue to look at the data ...

Waffle...

3 percent inflation.. gold standard is 2 percent...

GOLD standard.... 

FED chair meets with other central bank and smaller bankers at BASIL and...

"Its great to know each other in the Crisis"

"CRISIS"!!!!!!!

sorry "in A crisis" "great to know each other in a crisis".....

we can all feel comfortable holding hands in a crisis....

Does it look like a crisis yet?

Market seems to like it... jokes. bike riding...doesnt seem the FED chair is panicking...

hmmm the FED is using english and the question is "IS this a GOOD thing?"

maybe Greenspan was all spin after ll..

and he talks to GP... market moving down...

[Onemootpoint]

Interesting question and answer about his 'fair' salary.

[Waltzing]

YES!!!  very calm person in a crisis... hard to know if there is a crsis.

NO MBS being sold down apparently 8 Billion balance sheet...

Ben once said the balance sheet doesnt need to be wound down? Economists who knows what to think...

[winner (n)]

a 7% increase in minimum wage

might feed through all pay rates )relativity etc)

Oh well prices will just go up even more .... but then treasury experts say increase in minimum wage is not inflationary

[winner (n)]

Some ask 'what will increasing the minimum wage do to inflation?' The answer: 0.1%, literally next to nothing is what gurus say

Labour are really saying 'how would minimum wage workers face inflation without a wage increase?'

Retailers (and all businesses) will work their way through it .... maybe even increase profits - as some ballooning corporate profits are one of the main reasons for inflation anyway

[Waltzing]

inflation is suplpy side and demand side this time?

[winner (n)]

RetailWatch stats for January sales have a lot of red in them

Only hospo / travel things doing OK

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