November Retail Sales Disappoint: Spin Machine Set on "High"

Thursday, December 3, 2009, 4:01 PM
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/Thursday, December 3, 2009/   Here's a quick pair of articles that nicely illustrates the level of spin that we have to endure on a daily basis.  As we are all aware, consumer spending is the largest driver of the US economy.  By far. Eyeballs everywhere are glued to this year's holiday retail numbers, because if they are bad…well, then the stock market rally might be hard to sustain or explain. It turns out that the November sales numbers came in far worse than expected: 


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