The Fate of the Rest of the Year…
Posted by Jordan Crouch on November 20, 2007
…will be determined on Friday (and next Monday). This coming Friday is known as Black Friday because of the deep discounts retailers give to entice shoppers into the stores. The following Monday has become known as Cyber Monday as people shop online at work. If shoppers don’t spend as much as anticipated, it will show the economy is not as strong as some people believe it is. If both Friday and Monday show poor sales, the rest of the year will be dismal. If the sales are outstanding, expect the market to reflect that as well.
