Personal spending for Nov. rose +0.06% compared to +0.02% for Oct. Incomes are up too. Of course there's a lot more to the story but...
Every year, it seems, we’re bombarded with stories about the “poor retailer” and how end of year sales are gonna be down, Black Friday ain’t what it used to be - blah, blah, blah.
And every year, somehow, someway, sales increase. Check out the chart at the link.
Good morning! So far it's light trade w/o big price swings --perfect for vacation time and it's true for both metals (hanging on) and stocks ("flat in half session"). We even got "crude prices steady above $60 in thin Christmas trading"! This morning we're wrapping up our 'part-time' week as futures peg stock indexes up +0.16% and metals down -0.45%.
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