Investors, In the next few weeks we will start to get incremental news from all retail companies regarding holiday sales for 2021. This is an important period for any investor who is concentrated in retail stocks (me) as we will get to see how the industry performed during this strange time period of COVID, Omicron, supply chain issues and whatever else the market is freaking out about.
Good morning. Interesting info. I’m “suspicious” of the 8.5% increase and ultimately expecting a downward revision. If one considers that inflation is running (officially) >7% (real inflation is certainly >10%) that makes the real increase <2%. Which is dismal. Time will tell. First look at new unemployment claims today. Betting they are higher than “expectations.” I’ll chime back in if I’m wrong and take my medicine. LOL.
Good morning. Interesting info. I’m “suspicious” of the 8.5% increase and ultimately expecting a downward revision. If one considers that inflation is running (officially) >7% (real inflation is certainly >10%) that makes the real increase <2%. Which is dismal. Time will tell. First look at new unemployment claims today. Betting they are higher than “expectations.” I’ll chime back in if I’m wrong and take my medicine. LOL.