Market Mad House

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

Foot Locker (FL)

The Death Spiral

Foot Locker shows Mr. Market is insane

Thus, much of Foot Locker’s growth is playing catch up. I doubt the growth can continue if it returns to post pandemic levels. Remember, the Retail Apocalypse is still out there and the great plague known as Amazon (AMZN) is still on the march.

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