Inevitably, you have probably heard many proclamations from financial pundits over the weekend about how Black Friday consumer spending was disappointing, as it was down slightly from a year ago. Some analysts have claimed that this paints a negative picture of the overall economy, as consumer spending drives a big portion of economic growth. Meanwhile, others claimed that weak Black Friday sales suggest a negative outlook for retailers, or even some credit card providers like Visa (V
Top 5 Cheapest Companies To Buy Right Now
It would be wise for investors to refrain from drawing any conclusions from such narratives. It doesn’t matter if you are trying to interpret macro trends to set up your portfolio for the long-term, or deciding whether to invest in companies like Macy’s (M
No comments:
Post a Comment