THE AUTO INDUSTRY IS ABOUT TO DRIVE OFF A CLIFF — AGAIN! SELF INFLICTED ABUSE In the fall of 2015 we released a video study entitled: “The Coming Global Auto Abyss – Too Much Supply, Too Many Brands; Combine with Too Much Credit!”. We concluded that low interest rate monetary policy for the auto industry was like […]
RETAIL VACANCIES PROMPT NYC LANDLORDS TO OFFER MASSIVE GIVEAWAYS TO RETAILERS SOURCE: 03-28-17 BLOOMBERG — Manhattan Landlords Are Offering Massive Giveaways to Their Retail Clients It used to be that taking a 10-minute walk around SoHo meant passing by at least a dozen upstart, trendy fashion retailers eager to sell you a $500 hoodie […]
http://www.financialsensenewshour.com/broadcast/insider/fsn2017-0323-long-vbb06dh.mp3
Gordon T. Long – Interview on FSN: Ghost Mall Epidemic Rising from Financial Survival Network Gordon T. Long says gone are the days when shopping centers and malls were the most secure real estate investment and loan that banks and insurance companies had on their books. With thousands of stores closing across the country, retail […]
AMAZON HAS REACHED CRITICAL FINANCIAL MASS WHILE OTHERS NOW LAG “Walmart is now hustling to bridge the gap, pouring billions into its tech to claw back some market share. Target, also a laggard, is similarly spending as much on tech as on its 1,800 stores. Both those companies, though, generate digital sales that are still […]
BROKEN MALL MODEL: DEPARTMENT STORE REVENUE DOWN 36% OR $7.2B FROM 2001 As longtime retail analyst Howard Davidowitz observed in 2014: “What’s going on is the customers don’t have the fucking money. That’s it. This isn’t rocket science.” As a result of the hundreds of upcoming storefronts between just these two companies, mall operators are bracing […]
PANIC HAS BEGUN: 3500 RETAIL LOCATIONS TO CLOSE WITHIN MONTHS ABRIDGED FROM: 03-21-17 Business Insider – – The retail apocalypse has officially descended on America Thousands of mall-based stores are shutting down in what’s fast becoming one of the biggest waves of retail closures in decades. More than 3,500 stores are expected to close in the […]
WHY THE STATUS QUO IS UNDER INCREASING ATTACK BY ‘POPULIST PEOPLE POWER’ PROTECTING THE STATUS QUO IS FAILING We need to fully appreciate yet another example of what the mainstream media doesn’t yet get! The “People” increasingly don’t see the system working for them anymore and have as consequence become much more willing to try […]
CAPTAIN TRUMP, SIR – THE USS MAGA IS TAKING WATER! Newly commissioned Captain Donald “Horatio” Trump may possibly be a sound skipper, but he has an untested & unseasoned crew, a fiscal boat with rotten gunnels and a economic storm ahead. His freshly minted battle plan may have been sound when he boarded USS MAGA (Make America […]
