Market Mad House

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

Is it 2008 all over again?

The Death Spiral

Is Dollar General’s Price Over-inflated?

Unfortunately, the reason Dollar General lacks competition in those places is that other retailers think they cannot make money in those places. In fact, Dollar General opens in places where Walmart (WMT) fears to go. Moreover, I have to wonder how many of the inflated Dollar General mortgagees are on stores in slums, or depressed small towns.

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