Yep, sales at discount places are UP UP UP... translation, people have
less discretionary income and are buying the cheapest stuff... but at
least they're buying more of it!


NOYB wrote:
Sales dollars don't care if they're being spent on cheap stuff or expensive
stuff.

Really?
Better check that basic econ text again. Hint: Look up the
definition of "substitute."

... The fact is that they're being spent at a rate that is 22% higher
than last year.


Is that adjusted for inflation? And what do you make of the
consumer confidence level?


.... it's still very good news
that fuel costs only 75% of what it did 5 weeks ago.


Is that a national average? It hasn't fallen that much in
our area, but I agree it's nicer to pay less for gas.



But why is it only a a 4 1/2 year high? How come the stock market still
hasn't hit as big as when Clinton was President?


Because the stock market was overinflated from overstated (and fraudulent)
corporate earnings reports

Really?
There's been a lot more of that in the past 5 years than in
the late 1990s.

.....and from "irrational exhuberance" from the
dot-coms.


Uh huh... better check the names of some of the last months
biggest gainers on the stock board, NOBBY...

DSK