market ace

Christmas Sales Numbers Should Surprise to the Upside

I guess retailer groups cannot face reality and If there are any Christmas sales this year that should be a surprise. If consumers still have not learned their lesson then let the good times roll again and the credit cards bulge with even more debt as incomes have shrunk dramatically since last year.

I think there may be a little pent up demand for some necessities, but let's not get carried away and think people will really be buying that second 74" flat screen for the bathroom.

When we are even going to count gift cards to grocery stores as Christmas shopping. That sounds pretty desperate to me.