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Nordstrom Selling Used Clothes

Summary:
I guess the Clueless Hedge people never think that maybe the Millennials value thrift and largely don't like to see all the waste and garbage...  we throw out half of our food too... sheesh..Hey clueless hedge ever hear of E-Bay??? Nordstrom Starts Selling Used Clothes To Broke Americans https://t.co/yO6fkNhr0f — zerohedge (@zerohedge) January 31, 2020 Here are some Millennial-type videos out there that have lots of hits where Millennials are repairing and restoring older/used original high quality materials:Shoes: [embedded content] Butcher knives: [embedded content] Old scooter: [embedded content] There are all sorts of restoration videos out there...Top TV show on all television is 'Fixer Upper' on HGTV over 4 million viewers for crying out loud:[embedded content] Maybe this is

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I guess the Clueless Hedge people never think that maybe the Millennials value thrift and largely don't like to see all the waste and garbage...  we throw out half of our food too... sheesh..

Hey clueless hedge ever hear of E-Bay???

Here are some Millennial-type videos out there that have lots of hits where Millennials are repairing and restoring older/used original high quality materials:

Shoes:

Butcher knives:


Old scooter:

There are all sorts of restoration videos out there...

Top TV show on all television is 'Fixer Upper' on HGTV over 4 million viewers for crying out loud:

Maybe this is just what Millennials are into... gee sorry Madison Avenue... they just don't throw stuff out in garbage if they see some value there... why would Nordstrom ignore that?

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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