Of late I have been seeing more and more reference to ‘Helicopter money’ as a fiscal stimulus tool. Helicopter money is the concept of just printing extra money and giving it to citizens directly (i.e visualize a helicopter flying over a city dumping money out the windows). Now that interest rates are near or below […]
A year ago I wrote a post on why Nordstrom (JWN) intrigued me. Nordstrom’s online presence and growth was my thesis for making it one of my top holdings. Last month I closed out most of my position in Nordstrom. Why? I have a stronger thesis: Always fear Amazon. And Amazon is getting into the online […]