How should the market interpret FedEx’s recent report of declining volumes? While scary at first glance, it reveals a rebalancing mix of online and in-person retail sales. Overall retail sales are still outperforming pre-covid levels, revealing the good news that Americans are getting back to normal.
Given that omnichannel customers spend 4x more than single-channel shoppers, Foot Locker’s 3Q sales suffered from a return to in-person shopping. 4Q sales are also expected to suffer because of the company’s decision to stop selling Kayne West’s “Yeezy” product line.
Forecasting Limitations, Bond Bubbles and Should Costco Run the US Government?
Impending rate hikes…
Europe & USA Natural Gas Fiasco
Baltic Dry shipping index’s -45%
2Q22 Results Are In…
Things Are Not as They Appear
2008 all over again??
The mortgage rates have doubled, what does this mean for house prices?
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