Comments on: Sandbagging

By: Steev

Steev — Mon, 01 Dec 2008 04:51:16 +0000

Perhaps all the folks that are no longer weighed down by a big mortgage (are now renters) have some spending $$$.

By: Mwalimu Daudi

Mwalimu Daudi — Sun, 30 Nov 2008 04:48:16 +0000

al-AP still clings to hope that things will change: Online retailers are ramping up heavy-duty deals to turn skittish shoppers into buyers during the crucial Thanksgiving weekend and Cyber Monday -- but even so, online sales are expected to be fairly flat after years of strong growth. The "experts" strike again! Today I bought something online from Amazon, so I suppose that makes me a "racist", at least according to the Obamanation.

By: Don’t Push the Panic Button Yet. Black Friday Was A Good Friday. | The Sundries Shack

Sun, 30 Nov 2008 02:16:04 +0000

[...] (via Gaius) [...]

By: Mwalimu Daudi

Mwalimu Daudi — Sat, 29 Nov 2008 23:52:08 +0000

Ya gotta love this line from the al-AP link:

Still, experts, who predict this year’s overall holiday shopping period will be the weakest in decades thanks to an overall contraction in spending, caution that this year’s sales growth may be hard to sustain.

Ah, once again the ubiquitous (not to mention anonymous) “experts” tell us that up is down, good is evil, and black is whi-, ah, red. They got it totally wrong this year, but still al-AP has faith.

Wanna bet that next year’s sales plummet, and al-AP comes out with a headline like this one: POST-THANKSGIVING SALES ACTIVITY EXCEEDS EXPERTS’ FORECAST