Ascena Retail Group Inc fka ASNAQ

[Windbag1014]

And what? Are you looking for my take on the report?

My opinion is:

The consumer has been and usually is the catalyst for the US economy. Without any boost in the other two legs of the stool, we could see some weakness if the consumer continues to cool. It has recently been about 2/3rds of the US economy. Any kind of sustained slow down without corporate and government spending growth could mean trouble. Executive interference in the economy has rarely been a good thing. Trade wars have consequences.

The good news for me is the top grower in the report was apparel. That along with a move away from online sales could be good news for Ascena.

This report is a point in time and could be noise. The American consumer is a persistent thing. We like our stuff.

I try not to tell people what to do except for the occasional "stop being an asshole". I certainly do love my own opinion though.

What are your thoughts?