Wal-Mart to double China outlets!

NewsFinder

It is nice to be home from the beach and nice to read that Wal-Mart has plans to grow in China. The tremendous success of Wal-Mart in the US has slowed the companies growth potential as local businesses fight to avoid Wal-Mart competition. Many a local curb market buys its goods from Sam's Clubs. Wal-Mart pricing is hard to beat.

Of course, Wal-Mart is expanding in other areas. In Europe, the company sometimes buys into a partnership as those markets are tough to enter. Consumers are the beneficiaries when Wal-Mart arrives.

This company is too large to grow at the pace of years gone bye but it is an efficient money making machine. Not a bad core holding at the current price.

BUY THE BULL! THE SITUATION HAS CHANGED A LITTLE SINCE MY VACATION STARTED BUT THE BULL IS STILL ALIVE. THE US ECONOMY HAS MOVED FROM THE RECOVERY PHASE TO THE EXPANSION PHASE. MORTGAGE RATES WILL GRADUALLY RISE DURING THIS PHASE. THE HOUSING BOOM WILL SLOW. HOWEVER, THE INCREASE IN RATES WILL BE CAUSED BY THE STRENGTH OF CORPORATE SPENDING. INDUSTRIAL EXPANSION IS A GOOD THING.