I just published a must-see video where I run down 50 stocks – what you should buy, what to sell, and, the best part, exactly how to do it with less than 500 bucks.
You can check that out here, but the retail story is so big, and so many financial media outlets have it so wrong, that I wanted to put these picks front and center today.
We're in the third quarter of 2020, and we've already seen 43 bankruptcy filings – just five fewer than in 2010, which was the Great Recession's worst year for retailers.
So, with four months left in the year, we're well on pace to see records broken. It's not unrealistic to talk about bankruptcies hitting the hundreds.
Now, turn on your television, and you'll hear all about how it's the U.S. consumer driving this – and that's not necessarily wrong, but what few realize is the problem goes deeper than that.
There's a problem with the way retail "works" right now that could blindside a lot of folks. So I want to tell you what's really going on and where I think the best bets are… Full Story
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