Madison Avenue

Ralph Lauren To Close Flagship Fifth Avenue Store; Cut Jobs

The retail massacre claimed its latest victim this morning when iconic luxury retailer Ralph Lauren said it would shut its flagship Polo store on Fifth Avenue in New York City, among other office and store locations, and cut jobs as part of a cost-cutting plan.

What The Hell Is Going On? - Part 2

"Desperate households across the land aren’t clinging to guns and bibles. They’re clinging to credit cards as their only lifeline in this failing empire of debt, deception, and delusion. "

Manhattan Retail Vacancies Soar

"Retailers are experiencing painful adjustments right now, there’s no doubt about it.  There is just too much space coming to the market at the same time, and owners are all vying for the same retailers."

Why Did The Media Fail So Badly In Its Efforts To Elect Hillary?

All it takes a slick ad campaign, we are told, and people will believe whatever you tell them to believe. The problem is that this has never been shown to be true. Maybe Göring 's tactics do work on an impoverished population ravaged by the Great War and hyper inflation, and poisoned with generations of Prussian militaristic ideology. But clearly, Göring's methods to not work "the same way in every country" nor do they likely work even in the same country during different time periods.

Carrier & The Slippery Slope

Time will tell whether this Carrier deal was just a symbolic line in the sand, or whether it is a sign of future government interventionist policies which will ultimately backfire. In the long run, the less government, the better.

Hillary: Deceit, Debt, & Delusions (Part 1)

Despite overwhelming factual evidence that crackpot Keynesian spending machinations; debasing the currency; interest rate manipulation; globalization; perpetual war; incurring unpayable levels of debt; making $200 trillion of unfunded welfare promises; has created a seething anger across the land, Hillary Clinton and her establishment flunkies propose doubling down on those same failed policies.

There Is An Alternative To Yellen's Keynesian Bubble - Stockman Rages "Abolish The Fed"

The approximate hour Janet Yellen spent wandering in circles and spewing double talk during her presser yesterday was time well spent. When the painful ordeal of her semi-coherent babbling was finally over, she had essentially proved that the Fed is attempting an impossible task. And better still, that the FOMC should be abolished. The alternative is real simple. It’s called price discovery on the free market; it’s the essence of capitalism.

The Boomer Retirement Meme: One Big Lie

Boomers aren’t retiring en mass because they can’t afford to retire. The labor participation rate of the younger generations is being negatively impacted by the non-retirement of Boomers. This is called the trickle down effect from unintended consequences. The establishment has strip mined the wealth of the country, leaving a barren wasteland in its wake, creating a seething populace, seeking perpetrators to blame.

Fascism, American Style

If Donald Trump is a fascist - as nearly half of Americans surveyed believe - then so is every other politician in office or running for office in America who has ever prioritized money and power over human beings. Consent of the governed, however, no longer applies. Actual control has finally passed to the oligarchic elite controlling the government behind the scenes.

Frontrunning: March 18

  • Dow's Freakish Bounce Makes Investors Whole, Can't Erase Doubts (BBG)
  • R.I.P. Dollar Rally as Dovish Fed Spurs Worst Slump Since 2011 (BBG)
  • Global Currencies Soar, Defying Central Bankers (WSJ)
  • Oil hits 2016 high above $42 on production and demand outlook (Reuters)
  • The U.S. Is Exporting Its Oil Everywhere (BBG)
  • Hillary Clinton’s Allies Launch Plan to Undercut Donald Trump Now (WSJ)