6 reasons the US stock market is doomed

Emerson Tung / id Software The Dow Jones Industrial Average has been going sideways ever since the Commerce Department reported that retail sales in July came to a grinding halt (0.0%). At the same time, companies including Starbucks, McDonald’s, Ford, Burberry, and Gap are reporting disappointing sales. That means trouble in shopping paradise. Target just reported a Q2 drop of 1.1% in same-store sales. It expects a “challenging environment in the back half of the year.” There are many rea...