Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

The Death Spiral

The Death Spiral

Why United Airlines Stock will Crash

I think fears such as Meek’s make impossible for United to make money from passenger flights. Nobody will fly because they are afraid of coronavirus.

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The Death Spiral

Will Coronavirus Kill Disney?

I think The Walt Disney Company (NYSE: DIS) is gambling with catastrophe by reopening its American resorts.

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The Death Spiral

Can Starbucks (NASDAQ: SBUX) Survive?

I think Starbucks; like McDonalds (NYSE: MCD), is a real estate company. To explain Starbucks (NYSE: SBUX) or its licensees buy or lease prime real estate in high-traffic areas.

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The Death Spiral

Will Coronavirus kill Zillow?

I think America’s imbecilic faith in real estate’s ability to keep its value drives Zillow’s share price. However, Zillow’s own data shows this faith is naïve and stupid. If home sales can fall by 60%, then home prices could fall by 60%.

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The Death Spiral

Which Retailers will Coronavirus Kill?

Macy’s (NYSE: M) I think this department store icon is closer to death than many people suspect. Incredibly, Mr. Market valued Macy’s at $5.36 a share on 18 May 2020. Thus, Macy’s share price is less than the Gap. I think all Macy’s stores could close this year.

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The Death Spiral

Is Coronavirus Killing Nordstrom?

Both Nordstrom and TJX (NYSE: TJX) succeeded by cashing in on income inequality. To explain, Nordstrom markets to the growing upper classes, while TJX sells to the cash-strapped working class.

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The Death Spiral

Will the TJX Companies Survive Coronavirus?

Coronavirus threatens TJX because the company centers its business model on brick-and-mortar stores in urban areas.

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The Death Spiral

Department Stores die at JC Penney (NYSE: JCP)

Penney’s has been in “negotiations with lenders” since mid-2019, Business Insider claims. I think that statement translates to: “we cannot pay our debts so we’re begging for better terms.”

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