Weekly discussion of financial markets, economics, politics, and the media. A member of Wall Street's Digital Underground since 1995
Thursday, August 30, 2007
Back to School
Its August and its back to school and back to school retain sales are the talk of Wall Street. Look for Wall Street to make an overly big deal about slow back to school sales, while Wall Street is busy predicting the next recession it would be wise to remember that retail is always slow during the summer months,most Americans are focused on enjoying the great out doors not running to the shopping all or auto dealers. Summer is time for fun, family and friends, which often causes people to postpone large or significant purchases during the summer months.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment