FYI: Disregard any nonsense you hear about Black Friday being a bust. This year’s shopping season began in the middle of November and online sales will continue up until two days before thanks to endless buying and shipping promotions that continue to evolve throughout December. And as for taking the weak NRF data point about last Friday’s retail activity and weaving it into a narrative about the consumer, do yourself a favor and familiarize yourself with the reality first.
Regards,
Ted
http://thereformedbroker.com/2014/12/03/yes-the-american-consumer-is-back/
