For Retail Stocks, It’s Survival Of The Fittest

Survival of the fittest

Despite some disappointing earnings reports, traditional retailers that are adopting a hybrid model that provides their customers the convenience of ordering their merchandise online with an in-store pick up option have retained many of their existing customers. Those who have failed to restructure and revises their strategic business plans, like J.C. Penney, are floundering.

Though many have been predicting their demise, the presence of Amazon doesn’t necessarily mean certain death for mall retailers. But traditional stores that fail to revamp their operations for the new online shopping demands of the 21st century consumer will fall by the wayside.

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Cryptocurrency Will Shine Through the Coming Chaos

While the U.S. spends and spends and spends its way into oblivion, the eventual result will be inflation. Serious inflation. The dollar will crash, gold will shoot higher and Bitcoin, well, it can only become more scarce and more valuable. There’s a natural ceiling to the number of Bitcoins that will exist — ever. By design, there can only be 21 million of them. Soon, the ceiling will be hit. Now is the moment to get into cryptocurrency. There’s a been a rise of late, but prices are consolidating, setting up for the next leap higher. Grab Keene Little's widely followed cryptocurrency newsletter, Crypto Wealth Protocol completely risk free.
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