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This Quarter's Sentiment:
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From the Blogosphere
Wal-Mart CEO Comments on Economy
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For my money, you can ignore everything coming out of Washington on the subject and simply listen to Wal-Mart's (WMT) CEO. Matt Laure actually does a good job here. As much as I criticize him here, he deserves kudos when deserved.
Key Points:
- "A lot of stress still in the system"
- "This is not a V recession that we just bounce out of"
- "When people start buying more expensive cuts of meat, we may be coming out of it"
- Children's apparel sales stronger than adults. "Mom and Dad will sacrifice but they will not deny their children"
- On increasing Wii sales, "Outside entertainment is being cut...
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Wal-Mart CEO Comments on Economy
|
For my money, you can ignore everything coming out of Washington on the subject and simply listen to Wal-Mart's (WMT) CEO. Matt Laure actually does a good job here. As much as I criticize him here, he deserves kudos when deserved.
Key Points:
- "A lot of stress still in the system"
- "This is not a V recession that we just bounce out of"
- "When people start buying more expensive cuts of meat, we may be coming out of it"
- Children's apparel sales stronger than adults. "Mom and Dad will sacrifice but they will not deny their children"
- On increasing Wii sales, "Outside entertainment is being cut...
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On Wall St. Media 4/7
Talking about General Growth Properties (GGP), RHI Entertainment (RHIE), Best Buy (BBY), Sears Holdings (SHLD), Bill Ackman, The Economy and the Red Sox.
Disclosure ("none" means no position):Long GGP, RHIE, SHLD, None
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Continued at Todd Sullivan's ValuePlays
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On Wall St. Media 4/7
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Talking about General Growth Properties (GGP), RHI Entertainment (RHIE), Best Buy (BBY), Sears Holdings (SHLD), Bill Ackman, The Economy and the Red Sox.
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On Wall St. Media 4/7
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Talking about General Growth Properties (GGP), RHI Entertainment (RHIE), Best Buy (BBY), Sears Holdings (SHLD), Bill Ackman, The Economy and the Red Sox.
<object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/M7xBR7qbWp0&hl=en&fs=1"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/M7xBR7qbWp0&hl=en&fs=1" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object>
<script type="t...
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