Retail Rush Falls Short, Now Come More Sales
retail sales increased a lackluster 2.4%. Industry forecasts had predicted gains of 3.5% to as high as 4.5%.
Perhaps the season's biggest loser was women's apparel, which declined 2.4% despite a late rally
Gift cards..... you know what the bad side of that is? that you spend what you budgeted... so you budget $20 for a friend, and that is all you spend, instead of 24.50 or whatever.....
BlackRock Cash Fund Is Downgraded For Suspending Certain Redemptions
The fund isn't a money-market fund, but instead is a similar type of product -- known as an "enhanced" cash fund -- that seeks to offer higher yield to investors through a variety of shorter-term investments.
Holiday Spending Is Weak, as Retailers Expected
Christmas rose just 3.6 percent over last year, the weakest performance in at least four years,
I may sneak out this morning and go vulture shop......
not like I want anything... I could use some shirts. maybe some outdoor gear.
I saw a Yahoo ..... Oh here it is...
Reuters trys to spin things to the upside.
U.S. Retailers holiday sales up.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, December 26, 2007
retail spin.
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