Quote of the Day

Barry Ritholtz on retailers blaming bad weather for crappy sales numbers:

To remind y'all about some past exusage, it was "Too warm in January, too cold in February, too much static cling in March. The fear for May is the emergence of the 17 year Cicada, which will interfere dramatically with ongoing retail promotions. Also of major concern: German U-Boats off of the coast of New Jersey will be interfering with the Memorial Day sales. (We last looked at these less-than-believable excuses in Through The Retail Looking Glass)

I demand that if you are going to bullshit me with absurd and moronic excuses, at least have the god-damned courtesy to make them entertaining.