Monday, December 02, 2013

US Black Friday Sale Disappoints

Very interesting. Stocks zoom to record levels as Black Friday holiday sales disappoints.

From Bloomberg:
The average U.S. shopper spent less during the Black Friday weekend than last year, according to a survey commissioned by the National Retail Federation.

Consumers spent $407.02 on average, a 3.9 percent decline from $423.55 last year, Washington-based NRF said in an e-mailed statement. From Thanksgiving Day through planned trips today, the number of Americans who shopped at stores and websites rose 1.4 percent to 141 million for total spending of $57.4 billion, according to the survey of more than 4,400 people by Prosper Insights & Analytics.
More signs of parallel universes brought about by central bank policies

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