Originally Posted by CFI Guy
Look at the stock chart for purple right after that Morgan Stanley report came out. You'll notice it nosedived (and UPS to some extent). Wall Street knows where this is heading.
Wall Street acts even more emotional than a bunch of teenage girls at a Bieber concert, with multiple market movements each year based on nothing more than 'sentiment'...which quickly passes.
15 years ago everybody was betting on Wal-Mart taking over the retail world (with loads of bad press about killing mom 'n pop shops), and today we have citizens and analysts alike who worship Emperor Bezos, who has done more to destroy retail in the last decade than Bentonville
ever has.