November 26, 2006

Shopping Update...

You know how it was predicted that Black Friday would be a slow sales day...

Well, it turned out that the shopping day went pretty well.

The story above seemed so very out of line with the MSM portrait of gloom and doom that I was pretty worried about them until I read the blurb in Saturday's WSJ. From the print edition on the front page where they have the "short bits".

Many retailers reported stronger-than-expected turnout for yesterday's Black Friday holiday-shopping debut. But some economists and analysts worry that it is only deep discounts that are drawing shoppers, not underlying economic strength. Without robust consumer spending, sluggish growth could last through the year.

Whew! I feel much better! The world has righted itself in it's course. The WSJ is being "fair and balanced" by bringing us the "it might sound good - but this is the last hurrah before the final collapse" news.

Posted by: Teresa in Money, Money at 08:27 PM | Comments (2) | Add Comment
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1 But I do so enjoy shopping when I'm not 'supposed to' -- i.e., at weird times and in unpredictable ways and in unpredictable amounts -- just to keep the worried analysts at full-tilt worry levels, don't you?

Posted by: dogette at November 27, 2006 07:08 AM (wN2Jx)

2 Absolutely Dogette. I consider it a sport. *grin*

Posted by: Teresa at November 27, 2006 08:37 AM (5UR9t)

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