Wal-Mart Nails The “Consumer Recovery” Coffin Shut

by Tyler Durden
ZeroHedge.com
09/25/2013

UPDATE: CNBC Damage Control – Story was “misunderstood” and “misleading”…but not denied… CNBC is to Wal-mart as Hilsenrath to the Fed

Welcome to the new normal recovery… if ever there was a headline that summed up the idiocy of the mal-invested distorted new normal, Wal-Mart just managed it:

*WAL-MART CUTTING ORDERS (In Q3 & Q4) AS UNSOLD MERCHANDISE PILES UP IN U.S.

So, it seems the “if we build it (or stock it), they will come (and buy)” mentaility has failed yet again… As we noted before, as goes Wal-Mart, so goes America…

The Rest…HERE

This entry was posted on Wednesday, September 25th, 2013 at 2:47 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.