November 28, 2011
Word is that many people will do some online shopping today. If you didn't shop last Friday (and who could blame you if you didn't) perhaps you'll go online and look for a deal. There are a few tips to follow for a good experience getting something for the people on your list.
My interest is how our economy is doing. The good news this week is that the surging crowds last Friday spent 9% more than they did the same time last year. One day, of course, does not an economy make. But the willingness to shop is one indicator of consumer confidence, and confidence comes from wages and work, and we have been seeing consistently better unemployment figures. These are all good (if small) clues about where the US economy is headed in 2012. I'm expecting further improvement.
(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. References to specific securities and their issuers are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities).