Wall Street Greek

The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.

Wednesday, September 24, 2014

Amazon Benefits Asymmetrically as Retail Grows

The Census Bureau just reported great news for Amazon.com (Nasdaq: AMZN). Better monthly retail sales were reported for August than economists expected. But that’s good news for the entire industry right? Wrong! Not while Amazon.com continues to steal market share from brick and mortar stores, as is evident in the asymmetric performance of retailers across the spectrum and the suddenly exposed excess capacity in the retail industry. See the full report here, Good News for Amazon.