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Disappointing Sales During Holiday Season - New York Times

This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 330 days ago (nytimes.com). Views: 4
Tags: housing bubble retail

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American consumers, uneasy about the economy and unimpressed by the merchandise in stores, delivered the bleak holiday shopping season retailers had expected, if not feared, according to one early but influential projection.

Spending between Thanksgiving and Christmas rose just 3.6 percent over last year, the weakest performance in at least four years, according to MasterCard Advisors, a division of the credit card company. By comparison, sales grew 6.6 percent in 2006, and 8 percent in 2005.

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Housing Bubble and Bear Links (1,504 Links)

Created by ian 2 years 225 days ago in Finance. Views: 12,000. Link Views: 396,334
Tags: housing bubble investing real estate subprime mortgage finance economics
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This channel was created on April 10, 2007, during the peak of the housing mania, to warn investors of the coming collapse in home prices. For quite some time we have warned investors to get out of U.S. stocks. This channel represents the best of the [More...]

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