Word of the Week - Masters. Masters are not experts because they take a subject to its conceptual end. They're masters because they realize that there isn't one. - Sarah Lewis

Or to me, it means: always be a student.

Retail & Food Services Sales are bouncing back pretty quick.

But some retailers aren't seeing the same good news. For example, Flywheel just declared chapter 7 bankruptcy with this interesting declaration:

 

Flywheel listed $10 million to $50 million in liabilities and less than $50,000 in assets.

 

Ouch.

As we enter the quadrennial phase of people 'waiting until after the election', the bid-ask spread continues to increase. For example, of the recent sale listings posted, the average asking price per acre of land is ~$1.3M/acre. Compared with the recent sales price per acre of ~$625k/acre.

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