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SPDR S&P Retail ETF Message Board

  • tdcburns@sbcglobal.net tdcburns Oct 14, 2009 10:35 AM Flag

    can someone tell me

    how retail keeps hitting new highs?

    I tought unemployment was an issue and with everyone's net worth down about 40% and retailers downsizing they're pps is going up like they are one of the fastest growing sectors in a very robust economy.

    Is all due to the hope and dream optomistic recovery phase everyone is hoping for. The problem is as long as gov keeps printing the dow could go to 20000 but milk would cost $20 gal but investment statements would look good right.

    At this rate there might be one to two retailers with little inventory selling to very little shoppers. But when will that time come 6 months or 6 years.

    Look at OXM! out of sight and the just got a major baseball contract to supply world series shirts. I bet that will make them a ton of money?

 
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