Retail Sales - A Question of Momentum ~ Steve Blitz Morning Notes
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Wednesday, October 14, 2009

Retail Sales - A Question of Momentum

Pronouncements that the “Great Recession” is over require third quarter spending to continue into the final three months of the year. While it looks like Wall Street employees will have the cash to buy holiday gifts, the country is a lot bigger and today’s retail sales give some pause to the notion that the economy has positively turned positive.

To see charts and read whole blog, please go to Pangea Market Advisory

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