Friday, May 20, 2016

Quote of the Day

May 20, 2016
CNBC: Signs of fear are running rampant through the market

The fear out there is that there is another shoe to drop somewhere down the road. - Michael Cohn, chief investment strategist at Atlantis Asset Management


May 20, 2016
Wall Street Journal: Foot Locker Posts Drop in Basketball Shoe Business

Decline in youth participation in certain sports coupled with the broadening casual-athletic trend weighed on sales at Foot Locker’s Eastbay chain, which focuses on selling gear to high school athletes.

Today's kids don't need basketball shoes to play basketball. They just need a couch and a video game controller, lol. Sigh.

Full Disclosure: I play video games a lot, and almost always barefooted. Seriously.

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