Despite A Lackluster Black Friday, Economic Fundamentals Look Good

Published Friday, November 27, 2015 at: 7:00 AM EST

With stocks closing the holiday-shortened week fractionally higher on Friday, business headlines were reporting that Black Friday sales at retailers were disappointing, leading some to worry about a slowing economy. "America's annual Black Friday shopping extravaganza was short on fireworks this year as U.S. retailers' discounts on electronics, clothing and other holiday gifts failed to draw big crowds to stores and shopping malls," Reuters reported Friday."Crowds on early Black Friday morning were thinner than years past at some malls and shopping districts," The Wall Street Journal reported. "Thinner crowds could spell problems for retailers, some of whom entered the holidays warning...

To Read the Full Story, Subscribe or

This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.

2024

    2023

    2022

    2021

    2020

    2019

    2018

    2017

    2016

    2015

    Insurance Review

     

    Book An Appointment

    Contact Detail

    Michael MacDonald Financial
    2300 Contra Costa Blvd Suite 175
    Pleasant Hill, CA 94523

    mikemac@thefinancialadvisor.org
    thefinancialadvisor.org
    Phone: 925-521-0110

    Follow Us