DOOM.......

DJIA 15,473.16 -542.86
S&P 500 1,813.15 -68.18
NASDAQ 4,317.83 -159.12

WALMART FIRES 16000 EMPLOYEES

BRAZIL CANCELS CARNIVAL
http://www.nasdaq.com/video/brazil-cancels-carnival-519411431

WALMART FIRES 16000 EMPLOYEES
This transition and store closings has been in the work for five years. It is a very good thing for Wal Mart, not so good for folks working in older smaller stores......doom.....hardly. If a person listened to your doom and gloom and bought gold five years ago compared to putting the money in the market....you ought to become a hurricane forecaster.

2seaoat wrote:WALMART FIRES 16000 EMPLOYEES
This transition and store closings has been in the work for five years.  It is a very good thing for Wal Mart, not so good for folks working in older smaller stores......doom.....hardly.  If a person listened to your doom and gloom and bought gold five years ago compared to putting the money in the market....you ought to become a hurricane forecaster.

10,000 employees in America.

Would you please show us where Walmart was planning on downsizing five years ago.

Canada is having a hyper-inflationary nightmare and they are not a banana republic....Fed has pumped trillions into our market and the market has followed like it was on a leash....they raised interest rates .25 % and it has caused an immediate crash....commerce has stopped...suggest you go to sams and buy some bags of rice....

I have a friend who passed away this summer and he owns a shopping center which has a 30 year old Wal Mart. He was given notice in 2010 that they were closing older and smaller stores in five years. You obviously being in real estate do not do commercial. Yes, bankrupt chains give no notice, but a successful company like Wal Mart has strategic planning. Sadly, for my friend's kids who are now running the shopping center, they lost Hobby lobby two years ago and blockbuster video, and both those stores remain vacant.....but being he owns three bigger shopping centers in Illinois.....nobody is hurting. He also got to meet old Sam Walton who was hands on with every new store, and actually wanted some parking lot changes at this store. My friend said he was a good guy.

Canada is having a hyper-inflationary nightmare and they are not a banana republic....Fed has pumped trillions into our market and the market has followed like it was on a leash....they raised interest rates .25 % and it has caused an immediate crash....commerce has stopped...suggest you go to sams and buy some bags of rice....


Nope.......Canada is a net oil exporter who was flying high when oil was high, and now is not. Nothing more complex.......and I would rather be Canada in the mid and long term than other countries who do not have the oil reserves they have.