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Bullboard - Stock Discussion Forum Reitmans Ord Shs V.RET.A


Primary Symbol: V.RET Alternate Symbol(s):  RTMNF | RTMAF

Reitmans (Canada) Limited is a Canada-based women's specialty apparel retailer with retail outlets throughout Canada. The principal business activity of the Company is the sale of women’s wear. The Company operates through the sale of women’s specialty apparel to consumers through its retail banners. The Company operates under three banners: Reitmans, Penningtons and RW&CO. Reitmans is a... see more

TSXV:RET - Post Discussion

Reitmans Ord Shs > A Wild And Crazy Guy
View:
Post by nozzpack on May 17, 2023 7:15am

A Wild And Crazy Guy

I refer to the Blue Jan fan onboard here , who, since his retro posts go back to the 1960s gotta be a Leaf fan too.

Wild, hey ?
Crazy ?
Leefs and jays .....gotta be.

It seems in a previous post that this Wild and Crazy Guy predicted that the American consumer would run out of personal savings by February 2023.

Didnt exactly happen that way.

Personal saving was $946.2 billion in the first quarter of 2023 compared with $758.8 billion in the fourth quarter. The personal saving rate—personal saving as a percentage of disposable personal income—was 4.8 percent in the first quarter, compared with 4.0 percent in the fourth quarter of 2022. In fact, near a record for recent QE zero interest years.

Wild and Crazy Non ?
Comment by Torontojay on May 17, 2023 7:58am
Read my post carefully next time. I said the consumer would run out of excess savings by end of year/early 2024.  Here is a post for you to read.  https://stockhouse.com/companies/bullboard?symbol=v.ret&postid=35405600 Btw, I hope you at least acknowledge how incorrect you were on your points you addressed when you confused inflation with real growth. Next time, make sure ...more  
Comment by nozzpack on May 17, 2023 8:54am
I did. Instead of a monotonic decline to extrication at exit 2023, ....which is your posted outcome for the US...what has actually happened is a monotonic increase since June 2022. How much wronger can you get. Please, lay off the projections as you obviously cannot accurately  parse economic statistics ..
Comment by Torontojay on May 17, 2023 9:16am
Nozzpack, I studied Economics and Mathematics at University of Toronto. Those that read this debate between you and I know that you are clearly in the wrong. You confused inflation with real economic growth in the link below.  https://stockhouse.com/companies/bullboard/v.ret/reitmans-ltd?threadid=35449392 You clearly don't  know the difference between nominal and real GDP. You ...more  
Comment by nozzpack on May 17, 2023 9:25am
You clearly must of failed when you cannot muster the diff bettwen contradictory empirical outcomes and forecast outcomes. Under such circumstances, the Null is rejected and you go with empirically observed outcomes. BTW, I have a Doctorate in Forensics..
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