Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Wal-Mart -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (728)	6/11/1999 9:21:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 1166

Retail sales data for May - & some Wal-Mart related excerpts: bloomberg.com - Excerpts: >"..Retail spending is key to the economy's performance since consumption accounts for two-thirds of the nation's output... In the first quarter, consumer spending rose at its fastest pace in 11 years helping companies such as Wal-Mart Stores Inc., the world's largest retailer... Wal-Mart's Optimism ''We're optimistic at this point what the rest of this year looks like,'' Wal-Mart chief financial officer John Menzer said this week. The Bentonville, Arkansas-based retailer expects its same-store sales to rise at least 6 percent the rest of the year...."< - But - Can consumer spending, the engine of the U.S. economy, keep on at this pace???????????