Thursday, October 11, 2007

Retailers Lower Forecasts After Sales Reports - New York Times

I wonder if Wal-Mart's gains are the true sign of the slowing economy. My logic being that more people would shop at Wal-Mart if the economy was in the tank, increasing sales. However I'm not sure that holds any water since Target, Kohl's and Penny's are also having troubles. Experts are saying Christmas will be difficult. I'm not doubting that, but I think there are some bargains to be had today.

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