For those who are still doubting that what's been going on is a clear indicator that we are headed for another recession, here's another clue that we are about to hit bottom once again. And when we do, you can bet Walmart will turn to even more cuts, despite the tax breaks that are supposed to create jobs.
https://www.ft.com/content/af1f8e4a-0a23-11e8-8eb7-42f857ea9f09
Recession? So funny. Complete opposite, businesses are relocating making suppliers of Walmart more expensive.
Total BS. 100%
#FAKE NEWS
Amazon Amazon amazon!
The worst part about scare news like this is that it may or may not even be real-----but the public perception is. It's like someone smelling a lit cigarette in a movie theater and yelling fire.
Stock holders tend towards being easily frightened and hard to dissuade from impulsive action. If a tide even looks like it might surge, a panicked reaction can turn that perception into a reality.