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big week for data
What no NFIB report?
NFIB drops again to 88.10. 88.20 expected, 89.90 previous. Small biz decline for 6 months. http://t.co/bop1wau
From NFIB "The net percent of owners expecting better business conditions in six months was a neg. 26 percent, down 11 points from July,"
Not a single positive data point out this week so far...except for inflation beating expectations (stagflation). http://www.forexlive.com/economic-calendar/
Lots of green on Best Buy in pre-market.
The consumer is still strong, despite global financial turmoil.
I guess they don't have any stores in Europe.
i love you robo, please don't leave when the market sells off again. I've come to rely on you to project what the masses are thinking.
That sure is some positive outlook they have....
"Domestic segment comparable store sales growth seen in mobile computing (including tablets), appliances, eReaders - offset by lower sales in TV, gaming and physical media. Lack of new phone launches led to a 5% decline in mobile phone sales. Sees flat to a 3% decline in FY12 comparable store sales."
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