We see this everywhere. Lululemon knocks it out of the park while TGT, WMT & DG suffer. As I said the other day, credit card debt is up 27% and student loan debt repayments start up in September. The bottom three economic quintiles will continue to get squeezed.
The stock market is a device for transferring money from the impatient to the patient. - WB
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.