- would have insufficient liquidity to get through year-end and would require additional investments to make it through the holiday season; and
- was concealing its need for liquidity so as not to add to its vendors' concerns
In highlights from this week's trading diary and posts, Kass tells us about how the first day of the Trump Era went, and explains how he feels about brick-and-mortar retailers.
TheStreet's Jim Cramer says the department stores have been 'disappointing' but did point out a couple which could carry momentum to the upside.
Jim Cramer breaks down the best and worst of retail.