Earnings Season to Offer Next Test for Retail Stocks

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Retail stocks tumbled Thursday after an important measure of consumer spending slumped over the holiday season (Corrects an earlier tweet that included text from a different article.)

 

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It was because of realDonaldTrump and his Trade War and Government Shutdown. What kind of a President is he? An American President or a Russian Dictator?

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Earnings Season to Offer Next Test for Rebounding Retail StocksRetail shares are on the mend after a bruising fourth quarter and are poised to power higher in the coming weeks during what is expected to be a strong earnings season for the industry’s biggest companies. It also gives independent sellers an amazing platform to sell on! 💕🤩 I’ve reduced my purchases on Amazon, because they’ve compromised their quality control by ineffectively vetting outside sellers. Disagree 100% - brick and mortar isn’t going anywhere. When people go out for drinks and shopping where do they go? Retailers. They don’t go for drinks and sit at a computer. Amazon is nice but traditional retail isn’t going any where.
Source: WSJ - 🏆 98. / 63 Read more »

China retail earnings up 8.5 percent during new year holiday: ministryChina's retailer and catering enterprises earned over 1 trillion yuan ($148... FreeTibet
Source: Reuters - 🏆 2. / 97 Read more »