Here are some morning observations and pictures from a friend of mine in the business.
"Well.....numbers on Black Friday a bit better (maybe the $1.55 gas I saw over the weekend helping a bit).....I know we (have been) cranking out some fairly bearish prognostications...but when I see images like the one below...and the from the Great Depression....can't help but think we are being a little too pessimistic...."
"Well.....numbers on Black Friday a bit better (maybe the $1.55 gas I saw over the weekend helping a bit).....I know we (have been) cranking out some fairly bearish prognostications...but when I see images like the one below...and the from the Great Depression....can't help but think we are being a little too pessimistic...."
Target, Black Friday 2008
Great Depression Bread Lines