Retail Sales Report for Dec.

WHL wrote:Well, NB????  The silence is deafening.  I was curious how you were going to twist it.

Outerlimits wrote:Let’s not forget about lower gas prices.  People had more money in their pockets.

Here-Comes-A-Recession...

Here's a word no one wants to hear: "recession."

Headline payroll gains were strong in 2014 and GDP growth has been above 3% in four of the last five quarters.

So everything is good, right?

Well, one indicator that has a perfect record of predicting recessions is creeping towards some uncomfortable levels: the yield curve.

The yield curve, or the interest rate paid on the range of US Treasury bonds, typically ranges from low to high: the shortest duration bills are paid the least interest, with investors earning additional yield for lending the government for longer periods of time...
Business Insider

More than 17,600 employees will eventually lose their jobs

when the U.S. discount retailer closes its 133 Canadian stores after only about two years to end financial losses that went as high as a billion dollars a year.

Target Corp. Chairman and CEO Brian Cornell said Thursday that the company didn't see a realistic way for the chain to become profitable before at least 2021. Cornell said on Target's corporate blog that its Canadian arm was losing money every day.

The closing is Cornell's first major move since becoming CEO in August. Target will concentrate instead on improving its U.S. business.

Cornell said Target Canada did not see the improvements it was looking for over the holiday period.
http://www.nydailynews.com/life-style/target-close-133-stores-canada-article-1.2079126