Home > Investment tips > Snowmageddon means terrible retail sales in the U.S.

Snowmageddon means terrible retail sales in the U.S.

Snowmageddon” will be the poor excuse bankrupt families will use to explain their low-spending Christmas.  Whether they could have made it to the shopping malls or not is immaterial.  It’s a reasonable excuse to stay at home and insolvent families will take any excuse they can to explain to their friends why they didn’t spend big this Christmas.

Most spending at Christmas is to show off.  People still do it even if they’re neck high in debt for the reason they’re neck high in debt in the first place – to keep up with the Kleins and the Steins and the Shleins.

Short major U.S. retailers and REITs with a high proportion of shopping malls in their portfolios.  Now.

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Categories: Investment tips
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