DOOM! Goldman Sachs says that every one of its private equity clients is preparing for recession

Something is very unsettling.

Bed Bath and Beyond and Pier One are closing a dozen stores THIS MONTH out of nowhere. To me that's a red flag of impending doom. These are store that actually were making money and to have them suddenly do "close out" sales for 50% off is a telling me, where there's smoke, there's fire.

[link to trends.google.com (secure)]

sentiment is already in the air influencing consumers.


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Stage is also closing stores with 50 plus mark off

Shhhh......

The truth ain’t kosher around here anymore

QE-4 and QE-5 are being underplayed by the same media that know damn well this President is quietly bailing out DEUTSCHE BANK which is conveniently the same bank that bailed him out

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I intentionally misspelled that so it is actually pronounced DOUCHE BANK for those that appreciate the finer things in life

sachs clients don't have recessions

Big box stores have been closing for the past 10 years. The cost of maintaining, stocking and staffing large brick and mortar stores is making most of them obsolete. Guarantee--those 50 stores weren't turning a profit or they would still be open.

Prepare for the worse even during the most prosperous of times.

Goldman Sucks must be short big time! lol

Especially shitty stores targeted towards women who would rather now buy little crap like those stores sell on Amazon.

Honestly i would not be surprised if in the next 20 years brick and mortar stores outside of some grocery stores and building supply store were all gone.

I'd hope so, this is by far and away the longest bull market in history a recession is long over due. Trump is the only reason we havn't slid into a recession after a bull market that is now over a decade long. His rejuvenation via changes to the tax code and deregulation unstrangling the market has given enough life to push a few extra years into this growth phase

Best job numbers in a lifetime! These guys have been wrong time and time again. If trump remains, plus gains another four years, this nation will rise and never fall.

Like Y2K all over.

I'm in transportation. Volumes of goods that we move being slowly decreasing.

These guys always say one thing and then do the opposite.