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2004 - 2007
Why this blog?
Until this moment I have been forced to listen while media and politicians alike have told me "what Canadians think". In all that time they never once asked.
This is just the voice of an ordinary Canadian yelling back at the radio -
"You don't speak for me."
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Nothing to worry about. All we need to do is have the federal government deficit spend by giving the public sector higher wages. This will increase demand for consumer products and also, amazingly, increase the price of oil which will save the oil patch. Problem solved, just vote for the drama teacher.
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Could it also be a part of the change in philosophical direction WalMart has been taking lately?
It has purposely taken a more leftist attitude and perhaps their shoppers are voting with their feet.
Could it be said, “I didn’t leave WalMart. WalMart left me.”
Every dog has his day.
methinks Walmart goes a bit counter current , might be a sign that the US is feeling good about itself and spending more.
This might be a good time to pick up some WalMart shares. At $61 per share, with earnings of $4 and change per share. That’s about 6%, which beats bank and bond interest rates.
Walmart’s annual dividend is $1.96 for a yield of 2.9%.
Look for Walmart, like many other companies in this unfolding bear market, to start slashing dividends. You shouldn’t invest by looking in the rear view mirror.
Buy stock in Amazon. That’s where all the shoppers are going these days.
Oh my – what ever will Chinese junk manufacturers do now?
After watching Jim Cramer’s interview with the Walmart CEO (http://video.cnbc.com/gallery/?video=3000432079) it was like watching a politician spinning not the CEO of the US’s largest retailer (and employer?). It didn’t leave me with any confidence he knew how bad today’s news was, how it would be received, or he has a plan. For example, he thinks the Walmart customer is just dying to buy organic — methinks he has never been in a Southern US Walmart store unless he is planning deep fried organic.
No, do NOT buy stock in Amazon … their SALES keep growing but their profits are nearly invisible.
Our weathermen with all their multi-million dollar equipment cannot predict what will happen 12 HOURS from now, and this clown is going two years ahead? Methinks he has a plan. Anybody who believes the pseudo-science of economics is an a$$, unless they all ready have multi-millions to blow.
This is another case of a graph with cut-off points designed to make a problem look worse than it is.
Take a look at a 20-year chart of Wal-Mart stock, and you’ll see that this was a negative shock, no doubt about it, but the stock is still well within the trading range of the last 20 years.
How much Walmart Junk can people actually squeeze into a house is really the question. With real estate sales slow, people can’t expand into bigger places or put more on their credit lines.
Walmart; home of the XXXXL size in sweat pants.