Have you been paying attention to the U.S. economy and retail space? No? Well you should, because its Worse Than We Think.
I spoke to Joe Bruselas, who is Bloomberg’s Chief Economist and was guest hosting on Bloomberg Radio’s The Hays Advantage. I explained to him (and you) why J.C. Penney ($JCP) and Sears ($SHLD) serve as a proxy for the decline of the US Middle Class, and why Target ($TGT) blames CANADA…. those hosers.
Part 1: [Audio clip: view full post to listen]
But wait… There’s more!
Get ready for Part 2: The Underbanked Deadbeat Dads of Wall Street. If you’re being chased by the IRS, or you are a deliquent deadbeat not doing your part in providing for your kids, and yet still project an air of importance around your upper-crusty peers… well your game has been figured out.
Plus, Life After Lehman… What’s life like once there is no more Wall Street? And what is like NYC… but in reverse? Its all explained below.
Part 2: [Audio clip: view full post to listen]