tag:blogger.com,1999:blog-8358039.post2355941684551101271..comments2024-03-25T15:17:04.488-07:00Comments on Captain Capitalism: Consumer Spending Online DropsCaptain Capitalismhttp://www.blogger.com/profile/05620212946121617985noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8358039.post-50867004846595768742008-12-02T09:36:00.000-08:002008-12-02T09:36:00.000-08:00Were online sales down for "cyber monday" too or j...Were online sales down for "cyber monday" too or just "black friday"?Matthttps://www.blogger.com/profile/00252455464056599105noreply@blogger.comtag:blogger.com,1999:blog-8358039.post-29162470338520770172008-12-01T19:07:00.000-08:002008-12-01T19:07:00.000-08:00You're absolutely right, as usual. Inflation and p...You're absolutely right, as usual. Inflation and profit margins were the first thoughts on my mind too.<BR/><BR/>Journalists are statistics whores. They get excited over superlatives, 'record highs', nominal increases and decreases, regardless of whether data support their headline.<BR/><BR/>Today, Bloomberg reporters declared this the second Bush recession as if he had anything to do with the first one in 2001. The second is even arguably not his fault. Blank newsprint doesn't sell. Unfortunately for them, filled newsprint doesn't sell either.<BR/><BR/>With families visiting infrequently, the question of what to do the day after gorging on turkey was answered: let's go shopping. Retailers responded to that demand and then they all entered a vicious cycle. But what does one good sales day mean?<BR/><BR/>I'm going put more into my matching retirement funds. There's nothing on sale now I can't live without.Hot Samhttps://www.blogger.com/profile/10848778804406692799noreply@blogger.com