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Author Archives: Malcolm Berko

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Lower consumer earnings means lower retail revenues (access required)

Why is it that Macy's, which used to be my favorite department store, and now Wal-Mart and other retailers, are reporting lower earnings and slowdowns in revenues? The financial data report low interest rates, better employment and good home sales, and that General Motors, Ford and Chrysler are selling cars and making huge profits. What's wrong here?

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Investor wants to double down on a bad decision (access required)

Forrest Gump's "stupid is as stupid does" said it better and more succinctly than anyone, including the highly esteemed bard William Shakespeare, whose plays always bored me to the marrow. Unfortunately, there's no cure for stupidity, though I'm told selective breeding (which takes too much time) works well.

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