💰 US economy chat ... econochat!

E-commerce Business Management
365

4 posts were merged into an existing topic: Tracking product prices on Amazon using Amazon’s own features

369

Good news, we just hit our 600th tariff change since Jan 20th. Congrats America!

4 Likes
370

What was the actual change this time? I already know “they’ve been cheating…” is the reason.

1 Like
371

images (3)
images (3)552×362 26.9 KB

4 Likes
372

It’s unreal how this is representative of what our policies look like and what our policy makers resemble. Uncanny.

5 Likes
373

Right down to the kneepads

8 Likes
374

Despite [T]rump tariffs, China’s global trade surplus tops $1 trillion

3 Likes
375

Amazing what alliances can happen when you punish the whole planet and cannot comprehend the use of “soft power”.
It’s as if someone was saying… “How can we push China and India into markets they would not be otherwise”.

6 Likes
376

that the Law of Unintended Consequences does not exist in the Never Never Land of Washington politics…:face_with_symbols_on_mouth::face_with_symbols_on_mouth::face_with_symbols_on_mouth::face_with_symbols_on_mouth:

5 Likes
377

x0k5w
x0k5w620×324 69.6 KB

Buy enough meme coin and you can make it look like “unintended consequences”…

4 Likes
378

And then there is this from the Institute for Supply Management (formerly the National Association of Purchasing Management (NAPM)) – "its latest monthly report that shows the manufacturing sector contracted in November for the ninth consecutive month.

The Manufacturing PMI hit 48.2% in November, a 0.5-percentage-point decrease from the month before, ISM reported. The PMI measures changes in production levels across the United States. "

It was quoted in the Tariffs Weekly story from Modern retail.

5 Likes
379

Where’s my tariff aid?

4 Likes
380

I can see the quote now, it can go one of two ways… “I do the best socialism, the likes of which nobody has ever seen.” or… “What a nasty question! You are ugly on the inside and outside with that fake news question.”

5 Likes
381

Is your name Cargill or Archer-Daniels-Midland (ADM)???

4 Likes
382

https://www.wsj.com/business/earnings/gamestop-sales-profit-rise-5f35b181?st=F46uMx&reflink=desktopwebshare_permalink

GameStop’s GME -5.88%decrease; red down pointing triangle

profit jumped in the second quarter after sales rose by more than a fifth, driven by collectibles, hardware and accessories.

The videogame retailer, which is known as the original meme stock, on Tuesday posted a profit of $168.6 million, or 31 cents a share, in the quarter ended in early August, compared with $14.8 million, or 4 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 25 cents.

Revenue rose 22% to $972.2 million.

Software is making up a smaller portion of GameStop’s revenue, as collectibles, hardware and accessories rake in more sales. Collectibles revenue jumped 63% to $227.6 million, while hardware and accessories sales increased 31% to $592.1 million. Software revenue fell 27%.

Consider how this fits with your assessment of the economy. I have problems deciding how it fits with mine.

2 Likes
383

Just because one niche is growing doesn’t mean the rest of the economy is doing great. Ask yourself why they won’t release the numbers.

4 Likes
384

My thought was that people prefer the comfort of nostalgia during hard times, so I did a quick search and found this article. I expected this to be more of a Boomer thing, but the article focuses on the “younger generation” being nostalgic, which would seem to tie in to what GameStop is seeing.

3 Likes
385

Look, I am a millennial which means I have 90s kid interests with Adult money and I will do what I want, and that includes dumb impulse buys of fannish things that make me happy.

8 Likes
386

So… pogs?

4 Likes
387

Weirdly, no, we skipped those in my cadre.

Various Funkos and other desk toys, some silly fandom clothes, too many pins to be normal.

4 Likes