Gamestop and deflationary signals

Continued deflation in wants. First it was the Wii. Now the games (unfortunately, we own GME in client accounts – we thought they’d come out better than most). Next stop the retailers? Will margins getting clipped across the board. With margins at cyclical (secular) highs and revenue stalling, P/E’s look awfully high.

http://www.bloomberg.com/apps/news?pid=20601087&sid=apB3tUG1UVxA&pos=7

Last 5 posts by Yaron Sadan

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