patrick.net

Yes the mainstream media is noticing the decline because rates erase customers. The higher they get, the more obvious it becomes. Then it all falls once u get another variable like gas prices that breaks the chain and u get a sell off.

...the spring keeps getting tighter by the hour....The 10 yr bond rates finally passed 2.75%. So I'm wondering if the media will start noticing Ben is out of bullets once it hits 3%.

@Bubbabear, 6 PatNet users ignore you, probably because you selected such an unpleasant distorted photo as your avatar. I don't ignore anyone else, but I had to ignore you, because I eat at my desk. Unfortunately that means ignoring your comments too.

Walmart (WMT) reported earnings of $1.24 a share this morning on revenues of $116.2 billion. Analysts had been expecting $1.25 on $118.5 billion

This sounds like a case of hysteria over a rounding error.

curious2 says

selected such an unpleasant distorted photo as your avatar

Ok then, IN that case ...the real McCoy!

Try and find an exit strategy for the fed
http://smaulgld.com/tag/fed-exit-strategy/

Or maybe they won't need one- they can just stop QE and we'll 'recover' our way out of the problem

Mostly, just a slow motion race to the bottom. Walmart is fine, they just have other superstore competition copycats like Costco who only came about because of the amount of $'s Walmart brings in, and their was room for another corporation to jump into the fray. People like trying new stores, when those stores compete the prices become equalized, and the customer only goes to one or the other depending on who's got the item cheaper. That's why they dump products at super low prices to try and get people to come into the store.

It is a bad economy. It is just that simple. Even though more are finding jobs, the jobs they find pay less. They all either have less to spend or fear that they will have less in the future.

This does not require a Ph.D. in Macroeconomics to figure out. Those with doctorates in macroeconomics are just spinning the story to serve their masters.

Until wages rise, there is no recovery. But when wages rise there will be a large amount of price inflation. In the past we called such a false recovery "Stagflation".

"McFuckMart will be a great place to loot when the riots break out. Head to the gun department first and grab anything that will take a large capacity magazine and then shoot your way to the food aisle to stock up on yams."

Ha hahahahahhahahahhahahahhahahhha APOCALYPEFUCK for President !

True reality, makes my day in the morning ....... Hahahahahahahhahahah

Or could it be that their customers have more money so choose not to buy their cheap Asian crap.