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Retail Sales News?
Old 12-26-2018, 10:04 AM   #1
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Retail Sales News?

Was taking a quick perusal of a popular financial "news" website this AM and had to chuckle at their main news page. I think this does a pretty good job illustrating how consumers might be confused by the financial talking heads.
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Old 12-26-2018, 10:42 AM   #2
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sources matter, This is reuters, whom I trust a bit more than the names in that pic (but matches the 2nd one):

https://www.reuters.com/article/us-u...-idUSKCN1OP0U3

"Sales in the 2018 U.S. holiday shopping season rose 5.1 percent to over $850 billion, the strongest in six years, according to a Mastercard report on Wednesday, as shoppers were encouraged by a robust economy and early discounts."
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Old 12-26-2018, 11:02 AM   #3
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[QUOTE=Aerides;2162943]sources matter

So true! If the media talked about the good, no one would listen.
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Old 12-26-2018, 06:36 PM   #4
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Quote:
Originally Posted by ExFlyBoy5 View Post
Was taking a quick perusal of a popular financial "news" website this AM and had to chuckle at their main news page. I think this does a pretty good job illustrating how consumers might be confused by the financial talking heads.


Exactly!! I saw that on CNBC earlier this morning.

So last evening they are "all" talking about the recession, etc.

Now "they" are saying that next year will be higher, etc. (not sure if they are talking about "higher than today" or higher than two months ago.
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