Third month in a row of declining retail sales, “seasonally adjusted.” But the curveball from ecommerce caused me to dig and doubt. 15 whiplash charts of retail sales.
“Lower interest rates reduced our earnings in 2020 and will put pressure on our profitability this year.” After having promised, no layoffs in 2020. But this is 2021.
Corporate cost cutters salivate over working from anywhere. Oh my, the free gourmet cafeteria is gone. Companies already said they’d cut salaries if folks move to cheaper locations.
Electricity generating capacity additions & retirements in 2021 and the long-term change in the power mix.
Store rents had already plunged, amid a surge in vacancies. Then in the spring, the market froze; when it thawed, rents dropped to 10-year lows.
Americans are watching more movies than ever, but they’re watching at home. The studios are on board in a big way.
Long-term structural issues have long dogged these fuels. Then came the Pandemic.
GM, Toyota, Ford sales down 5th year in a row. Nissan in a death spiral. The Pandemic accelerated what had started in 2016. Long-term view on auto sales.
Seems, inflation prospects jangled some nerves today.
What happened is shocking, heartbreaking, and previously unthinkable.