I asked my friend Jeff Macke to pop on and tell us about what’s happening with America’s largest retailers, and how the coronavirus ended up being both a challenge and an opportunity for them.
Joshua M Brown
No surprise
The news will get worse, but its ability to shock us will diminish.
Post Malone’s Nirvana Tribute / Fundraiser
Video
Nothing Matters til the Playoffs
Which is why earnings season for the S&P 500 actually begins this week.
This Week on TRB
These were the most read posts on the site this week, in case you missed it:
Why Americans Prefer Real Estate to Stocks
Gallup asks whether respondents prefer real estate to stocks for the long-term and, of course, they do.
Change in Electricity Consumption
This is an amazing chart, via Amy Harder at Axios:
Is the Fed Superman or the Antichrist? Gotta hear both sides
Is the Fed destroying the economy or saving it? Is it restoring order to the markets are breaking them?
Card Issuers Cutting Credit to Customers
“Discover Financial Services just became the largest lender yet to acknowledge it’s begun reining in lines of credit.”
Relief payments are working
The good news is that, even though it’s temporary, at least this money is arriving and being put to good use
