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Non-Tech : Kirk's Market Thoughts
COHR 175.60+3.0%3:59 PM EST
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To: The Ox who wrote (5180)11/8/2017 1:21:04 PM
From: Kirk ©1 Recommendation

Recommended By
rdkflorida2

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I think what Cramer and most of the TV pundits on CNBC miss is millennials DO NOT HAVE MUCH MONEY!

He talks about how they order take out from his restaurant then pick up a six pack to drink at home with the food.

They talk about how people don't want to own autos....

They talk about the death of retail.....

Middle class millennials were sold a bill of goods that a degree that qualifies you to have some silly name for serving non-alcoholic beverages for $5 a pop was worth $50K a year... back when CNBC was saying those same millennials didn't want to live in a typical poor student dorm room so they had to build expensive housing for them....

The ONLY reason I can see for wanting a ride to the Dr in the same car some kids probably had sex in the back seat of or ate a pizza or another senior peed or pooped his or her pants and they had to mop it up.... is if I couldn't afford my own self driving car.

Stanford Shopping center here is still very busy and full of tour busses too. I think those with a lot of money and the time to spend it still love to shop.

Also, many like me with the money but hate wasting time in traffic to get to stores that are out of stock or don't have much of what I want.... order online but want a local store to return it to unless we already know the item fits.
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