Tag Archive for Wmt

The Best Investments to Hold When Interest Rates Rise – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The opinions expressed are those of Money Morning and the author, not those of the Wall Street Examiner. The Wall Street Examiner makes no representation regarding the accuracy or validity of the ideas expressed in the post. No…

How Big Corporations Are Destroying the “Free Market” – Money Morning

As an economist, I wince whenever I hear someone say that we live in a true free market.
The reality is we live in a semi-free market where regulation stifles business and corporate money influences and distorts what would normally be a highly competitive marketplace.

And over the last two decades, the situation has only gotten worse for consumers, producers, and defenders of the so-called “free market.”

From 2008 to 2010, 30 major corporations paid more money in lobbying fees than they did in taxes, according to the Public Campaign.

But while traditional lobbying once centered on altering tax rates and encouraging legislation to liberalize and deregulate the economy, it has now evolved into a competitive weapon for companies trying to box out competitors and raise barriers to entry in their markets.

It’s a business phenomenon that I like to call the “Rise of the Fifth Rail.”

You see, in traditional markets, companies compete on four specific principles: Price, product quality promotion, and place (market access). These principles are known as the “four P’s.”

The first three are self-explanatory in that customers want the highest quality product at the cheapest price. Companies use promotional techniques to instill a need for its products and do so by marketing against the offerings of a competitor.

The fourth principle centers on a company’s ability to reach new markets and still provide low prices for high-quality products. A strong coordinated distribution network tends to make this possible.

Naturally, when all four work together, you end up with a company like Walmart (NYSE: WMT), which has the ability to provide low, everyday prices due to its best-in-class distribution network.

But over the last few decades, this new phenomenon of using lobbying as a competitive tool has altered the course of market economics, and driven fair competition into the ground.

And that phenomenon is rotting the American free market from the inside.

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Stock Market Today: What’s Next After Dow at 15,000 – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. After record rallies last week took benchmarks to fresh highs, the stock market today took a breather. Just before noon, the Dow Jones Industrial Average gave back 18.70, or 0.12%, to 14,955.26. The Standard & Poor’s 500 Index…

Buy, Sell or Hold: With 46 Million People on Food Stamps This Is The Stock To Own

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The opinions expressed are those of Money Morning and the author, not those of the Wall Street Examiner. The Wall Street Examiner makes no representation regarding the accuracy or validity of the ideas expressed in the post. No…

Bangladesh Tragedy Exposes Real Cost of Corporate Greed – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. We’ve known for a long time that the things that fuel our lifestyles can come from some pretty ugly places. The coltan that’s used in our mobile phones and entertainment systems is mostly mined in the Democratic Republic…

Internet Sales Tax Sticks It to the Nation’s Little Guys – Money Morning

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. A controversial Internet sales tax moving through Congress will mostly benefit big corporations and state governments while hurting thousands of small businesses and consumers. The Marketplace Fairness Act would essentially end tax-free Internet shopping by forcing online retailers…