Quote:
Originally Posted by Sapperwhite
I don't mean to be negative, but it's pretty volatile. When companies like Macy's, a generally middle class type establishment, has 77% profit fall due to what it claims is a "difficult climate", it may be an indicator that people have stopped spending. But what do I know? You can throw out all kinds of numbers and talk of different types of leverage, but at the end of the day mortgage companies are going belly up, and a lot of retail is putting out gloomy reports.
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HOOLLLYYY CRAP! Macy's is a middle class establishment??? I get dressed up to go to Walmart. Now I really feel like a loser.
- CD
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