Retail stocks have been annihilated recently, despite the economy eking out growth. The fundamentals of the retail business look horrible: Sales are stagnating and profitability is getting worse with every passing quarter. Jeff Bezos and Amazon get most of the credit, but this credit is misplaced. In this podcast, Vitaliy shares the truth behind the demise of retail.
You can read this article online at: https://contrarianedge.com/its-not-just-amazons-fault/
Disclosure: Read this before you buy your next stock
It’s not just Amazon’s fault - Ep 73