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Anybody relying on reports of Black Friday sales to make investment decisions likely deserves to...

Anybody relying on reports of Black Friday sales to make investment decisions likely deserves to be separated from their money. Barry Ritholtz makes crystal clear the reality of retail sales doesn't come anywhere near the breathless headlines. The 2012 Hall of Shame for Black Friday reporting.
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Comments (3)
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    sponken by someone who's still bearish on housing
    28 Nov 2012, 08:50 AM Reply Like
  • petten
    , contributor
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    BR said this last year, too. Perhaps he says this every year.

     

    He was right last year, when the firm numbers came out toward year end and/or early next year.
    28 Nov 2012, 08:39 PM Reply Like
  • Remyngton
    , contributor
    Comments (354) | Send Message
     
    BR was wrong

     

    Retail Index is up 20% since January 1 of this yeaar , starting off with good Christmas shopping numbers last year ... but what's 20% between friends ?!?!?!?
    2 Dec 2012, 09:33 PM Reply Like
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