In normal times, they would’ve already come unglued. But these are not normal times (video).
What does inflation have to do with it?
The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
“One of the hardest things to do is to shrink your way to profitability.”
The Financial Sector threw $2 Billion at Congress during the Election. Biggest Spenders? Not the Banks.
Where has all the optimism gone?
I’ve been doom-and-gloom on brick-and-mortar retail. But I haven’t been nearly doom-and-gloom enough, given the events of the past seven days. Includes my interview with The Financial Exchange, WRKO Boston.
Under onslaught of new competition, monopoly status collapses.
S&P 500, other indices might refuse to include stock, deflating a big part of the hype around its IPO.
A very busy day in Brick-and-Mortar Fiasco Land.