The Dow is never going to hit 20,000. It’ll be one of those forbidden fruits that will menace you for as long as you live. You’ll reflect on these days as ‘the good times’, when the Dow was near 20,000 and assholes on the NYSE wore hats that read ‘Almost 20,000.’
Consumer spending for the month of November were absolutely dreadful.
Do you know why consumer spending was weak, all the while markets hit new record highs? BECAUSE 70% MOST AMERICAN’S ARE FLAT BROKE.
As a result, retail stocks are meeting their maker — off by horrendous figures, plainly crushing the hopes and dreams of millions.
Here are some lowlights today, notable stocks off by more than 5%.
$BBBY, $PIR, $KIRK, $WSM, $RH, $NWY, $BEBE, $AEO, $JWN, $ANF, $FRAN, $GME, $DDS, $JCP, $BOOT, $BIG, $DKS, $ETSY, $ZAGG, $GNC, $VSI, $FOSL, $FIVE, $PRTY, $VNCE, $GIII.
Pagan Xmas is a bust. Now go eat the rest of your panettone you fat fucks and behold the coming of KRAMPUS.
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Wow! Every single one of those stocks has been completely killed. Krampus is coming in January, just in time for the annointed one to take office!
This is actually who’s running things
http://cdn0.dailydot.com/cache/9a/48/9a4818e17678089c373a7c5659120b3f.jpg
I beg to differ… This has nothing to do with the fact that a large percentage of our working age population is unemployed or underemployed. It has nothing to do with the fact, as you say that 70% of Americans literally live paycheck to paycheck.
The Fed says you are wrong and full of sheet. They are so cock sure of this they have raised interest rates to prove it. The economy will now take of like a Space-X rocket. No doubt.
I think the real reason the market is off has to due with Ivanka being bitched at by a
Liberal
Gay
Academic
Democrat (extra Strike 3!… yer out!)
on a Jet Blue fight with her son.
Yes as a matter of FACT, Ivanka was flying a common old Jet Blue flight in coach class, same as the rest of us, when some faggot spotted her and her child and decided to make a scene about it. The JetBlue folks did the right thing and removed the pair of Sodomites from the flight…but still…I think the market realized that the liberal left is not sufficiently dead yet and has reacted in a non-exuberant manner.
Someone really should look up the cost of Michelle’s dalliances hither thither and yon and figure out how many billions of taxpayer dollars she and her staff have spent on themselves.
OT with Panettone you can also make great tasting French Toasts!
Le Fly’s testicles meet Mr. Sledgehammer