Today we're going to take an insiders look at Retail. It's a look from the point of view of the CFO, the Chief Financial Officer.
Now the retailers have just been through one of the most difficult and challenging quarters in their history. Retail has been going through tremendous changes over the last quarter. But this one really took the cake. This quarter retailers had to deal with the Covid-19 Virus. For a lucky few retailers, Covid was a windfall. These were the retailers who were allowed to stay open. And for them sales have been up, earnings improved and all is well.
Falling into this category were Walmart, Home Depot, and Target Department stores. These were companies which were deemed “Essential” by their local governors and mayors. And so, while other competitors were forced to close. These select few saw their resulting sales soar.
Deflation, its a word that will send a shiver up any Economist's Spine.
Last night, Japan revealed that prices, at the consumer level, had fallen 1.2% in the month of December. Let's look …
It was something that we, as a nation, have been doing every 4 years, for over two centuries now: inaugurate a new President. We've done it in war and peace, boom times and depressions. But …
The Big Four American Banks: Wells Fargo, Citigroup, Bank of America, and JP Morgan Chase, are the beating heart of this country's financial system.
They are the primary instruments through …
While the rest of the world was preoccupied by the happenings in Washington this weekend, the Peoples Republic of China put up some economic numbers that were simply stunning, and …
America's Vision of Globalism goes back at least a hundred years to the Presidency of Woodrow Wilson, and his League of Nations. An effort to bring peace to the world after the destruction …
The action this week by Big Tech, Google, Twitter, Facebook, Amazon and the rest, have created the best environment for startups in a generation. Empowered their competition. And likely …
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