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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Brumar89 who wrote (366944)1/15/2008 10:33:56 AM
From: tejek  Read Replies (1) | Respond to of 1571220
 
Thats a stock price chart, not a retail spending chart.

Let me explain to you how stocks work.....when business is good, stocks go up. When business is bad, stocks go down.

You're failing to provide meaningful evidence for your claim.

Its not my claim. Its the claim of respected economists all over the country. Oh that's right......you guys don't pay attention to whatever anyone in the mainstream says. Okay. I'll leave you alone to your imaginings.



To: Brumar89 who wrote (366944)1/15/2008 12:18:08 PM
From: tejek  Read Replies (1) | Respond to of 1571220
 
So you will feel more comfortable, I found a Fox News article on retail sales. Even so, I don't think the article is an imagining but rather is based on real facts. It says retail sales fell in December from November. However they were up YoY but at a much lower rate than was seen for the rest of 2007:

RAW DATA: Retail Sales Fall in December; Consumers Retreat to Basics

foxbusiness.com

Sorry this is a MSM article but I think the info its reporting is accurate:

"In a separate release on Tuesday, the International Council of Shopping Centers reported that chain-store sales fell 0.9% in the most recent week, with sales up just 1.1% over the past year for store open at least a year. "Retailers expect a tough January following a similarly tough December," said Michael Niemira, ICSC's chief economist."

marketwatch.com