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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (92171)12/31/2008 4:53:02 AM
From: Chispas  Read Replies (1) of 116555
 
Mish, how bad the retailing closures may be, I don't know...

A friend who lives and shops near DFW Airport reported last

week how shopping malls were selling "like the whole mall was

going out of business".

So, I asked, "Does it look like 10 percent of the businesses

were liquidating ?"

His reply, "Honestly, I don't know, but when you see stores

selling racks and shelving, it's bad ! "
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