“The bottom line is that retail sales were up at brick and mortar stores, and the idea of trying to gauge actual sales on Black Friday when promotions started arriving in my inbox a week earlier, is laughable.”
The View from Manhattan – Monday 23rd November 2015 – “After all of the chatter, the rolling waves of fear and the ink spilled about “the next correction”, the important lesson is this: while only a short time ago in the grand scheme of things, the long awaited correction for the summer swoon was technically all completed in one day.”
THE VIEW FROM CHICAGO – Thursday 12th November 2015 – “The flow of money shows investors have pulled more than $125 billion out of equity-based funds this year while putting more than $95 billion into bond funds, according to Bank of America Merrill Lynch.”
THE VIEW FROM CHICAGO – Monday 9th November 2015 – Many folks think that the US Federal Reserve controls interest rates. In fact, it doesn’t. The thing that controls interest rates is called “Fear”. Yep, F. E. A. R.
Think about it like this…