Thursday, November 20th, 2008

Posts Tagged ‘ ZLC ’

Short Tiffany & Co (TIF) on Gloomy Retail Outlook

Sep 3rd, 2008 | By Adam Lass | Category: Featured, Financial News

Taipain Publishing’s Adam Lass says investors should be wary of luxury retailers that claim they will emerge unscathed from the current economic downturn.

Real incomes and real private spending are falling, inflation is ticking upwards and consumer confidence is in the gutter.

This makes Tiffany & Co. (NYSE:TIF) - with its overly optimistic earnings expectations for Christmas spending - ripe for shorting.