Sears

An Economic Showdown Is Looming

The idea that the entrenched political establishment is willing to take these risks to further their political agenda is frightening.

Sears, Kmart Discontinue Online Sales Of 31 Trump Home Items

The latest retailer to join the "anti-Trump resistance" is near bankruptcy Sears and wholly-owned subsidiary Kmart, which on Saturday announced it was discontinuing online sales of 31 Trump Home items as part of a push to focus online sales on the most profitable items.

Weekend Reading: Anticipation

“Stock market bubbles don’t appear out of thin air. They have a basis in reality. But that reality is distorted by misconception..

Frontrunning: January 6

  • December Jobs Data to Wrap Up Obama’s Economic Legacy (WSJ)
  • FBI Says Democrats Refused Access to Hacked E-Mail Servers (BBG)
  • As Trump attacks, Nissan at bigger risk than Toyota (Reuters)
  • Democratic leader Schumer emerges as Trump's newest punching bag (Reuters)
  • PBoC raises renminbi’s daily fix by most since 2005 (FT)
  • China central bank urges rational investment in bitcoin (Reuters)

Is Your Sears Or KMart Store About To Close?

Is your neighborhood Sears or KMart store one of the 150 that are about to shut down as the heat around the melting Sears ice cobe is raised by one more degree? Find out on the chart below.

A Biased 2017 Forecast, Part 1

"We are prone to overestimate how much we understand about the world and to underestimate the role of chance in events..."

Frontrunning: December 30

  • Russia Set to Expel 35 U.S. Diplomats in Tit-for-Tat (BBG)
  • Trump’s Plan to Partner With Russia Faces Bigger Hurdle (WSJ)
  • Trump could reverse effects of Obama order on Russia (Reuters)
  • Gold Lures Investors Worried About Trade Wars and Trump Tweets (BBG)
  • Syria truce backed by Russia, Turkey, holds but clashes reported (Reuters)