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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (76573)12/25/2006 12:26:29 PM
From: kris b  Read Replies (2) of 110194
 
"Amazing, you (and the market) seem to be willing to dismiss one warning sign after another."

"But the late-buying binge was not enough to meet sales goals, and retailers are now turning to post-Christmas business to make this season a merry one, according to one report from a national research company."

news.yahoo.com

Wasn't Friday,Saturday and Sunday shopping suppose to save the Christmas 2006? I know, I know, retailers are now turning to Christmas 2007 to save them. Another warning sign, but wishful thinking (Wall Street BS, disinformation propaganda) prevails forever. Is consumer going to get stronger going forward? Without another round of reliquification, I don't think so. Just wait for construction/real estate complex to start laying people off to match 700K in new housing starts, and 2.5 million in sales of existing houses.
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