ajtj99's Market Pulse

[jdaasoc]

When GPS was increasing increasing the bottom line while the top line kept falling over the last 5 years by cutting expenses and shying away from reinvigorating their retail concept in any way, Wall street would punish them for short sighted slashing of inventory and expenses.

Now when everyone is doing the same by cutting the expenses, they talk of recovery, greenshoots or turn in the economy.

What hogwash.