A critical thinking person might wonder how retailers across the board, plus Apple, can be reporting shitty sales and profits if the average American is doing as well as Trump and the MSM keep touting. If unemployment is really 3.9%, wages are really rising by 3.2%, and credit card debt is at an all-time high, why aren’t consumers buying more shit they don’t need? If things are so fucking great, why are auto sales and home sales falling? Is it possible we are already in recession, and your government and MSM propaganda machine don’t want you to know the truth. The bullshit is so deep, you need to wear hip boots.
One week after Apple stock crashed when the company cut its revenue guidance for the first time in 16 years, today it’s the retailers fault to pull the rug from under investors when first Kohl’s then Macy’s slashed guidance following weak holiday spending, crushing the narrative of the “strong consumer.”
Continue reading “Macy’s Plummets 17% After Cutting Guidance As Retailers Tumble”
