Comments on: December Retail Sales – Bad! http://www.topfinanceblog.com/december-retail-sales-bad/ Financial News, Information, and Commentary Wed, 10 Mar 2010 19:03:59 -0500 http://wordpress.org/?v=2.9.1 hourly 1 By: Mitch http://www.topfinanceblog.com/december-retail-sales-bad/comment-page-1/#comment-112 Mitch Mon, 19 Jan 2009 20:56:12 +0000 http://www.topfinanceblog.com/?p=90#comment-112 If I hadn't started this blog, I'd have been caught off guard by Circuit City's closing also. As far as the banks are concerned, I have little sympathy for most of them because I believe they set up the predatory lending thing to begin with, and thus brought about what's going on. They haven't tried to work with any of these people who've been foreclosed upon, and let's face the fact that getting something for awhile, even if it's half of what the mortgages really are, is better than getting nothing and absorbing a house they can't sell in this market anyway. Still, I'm ready for the economy to turn around and start improving; my portfolio needs a break! If I hadn’t started this blog, I’d have been caught off guard by Circuit City’s closing also. As far as the banks are concerned, I have little sympathy for most of them because I believe they set up the predatory lending thing to begin with, and thus brought about what’s going on. They haven’t tried to work with any of these people who’ve been foreclosed upon, and let’s face the fact that getting something for awhile, even if it’s half of what the mortgages really are, is better than getting nothing and absorbing a house they can’t sell in this market anyway.

Still, I’m ready for the economy to turn around and start improving; my portfolio needs a break!

]]> By: Boyz II Men http://www.topfinanceblog.com/december-retail-sales-bad/comment-page-1/#comment-111 Boyz II Men Mon, 19 Jan 2009 19:56:41 +0000 http://www.topfinanceblog.com/?p=90#comment-111 Hey Mitch, I found this post from your other blog and it's so true! A lot of the stocks in my portfolio took a dive and as much as I would say the retail has hurt it, I think the banks are the real crutch. The last few days, all of the banks have dove a good amount, with bank of america having cut in half in 4 days! Yet still, the affect on retail is clearly there, as I'm still shocked by Circuit City's complete closure. Hey Mitch, I found this post from your other blog and it’s so true! A lot of the stocks in my portfolio took a dive and as much as I would say the retail has hurt it, I think the banks are the real crutch. The last few days, all of the banks have dove a good amount, with bank of america having cut in half in 4 days!

Yet still, the affect on retail is clearly there, as I’m still shocked by Circuit City’s complete closure.

]]> By: Mitch http://www.topfinanceblog.com/december-retail-sales-bad/comment-page-1/#comment-98 Mitch Fri, 16 Jan 2009 01:15:57 +0000 http://www.topfinanceblog.com/?p=90#comment-98 They certainly are, and you called the Goody's thing right on the nose. Still, that's just going to make the recovery seem that much more remarkable! They certainly are, and you called the Goody’s thing right on the nose. Still, that’s just going to make the recovery seem that much more remarkable!

]]> By: Justin http://www.topfinanceblog.com/december-retail-sales-bad/comment-page-1/#comment-97 Justin Fri, 16 Jan 2009 01:01:42 +0000 http://www.topfinanceblog.com/?p=90#comment-97 That's quite a depressing list of links you've got there. Things are getting scarier each day it seems! <abbr><em>Justins last blog post..<a href="http://feeds.feedburner.com/~r/emarketingnewsletter/~3/512986648/google-adds-sitemap-generator.html">Google Adds New Sitemap Generator</a></abbr></em> That’s quite a depressing list of links you’ve got there. Things are getting scarier each day it seems!

Justins last blog post..Google Adds New Sitemap Generator

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