Well Nettles, looks like the PPI was down 1.6% last month, and since everyone and their mom is worried about interest rates and a "recession" this is a good thing, they expect the fed not to raise rates then. Wal-mart and target and the retails had strong Comp sales numbers, so the consumer still seems strong into the xmas season, and HD continues to suck, so people tie that with slowing housing market, which in turn goes to the fed and interest rates.
The thing that gets me is yes the economy is slowing down, but everyone is like "we are in a recession retail will be bad, this 4th quarter is no good blah blah blah"
All I know is I cant find a parking spot at the mall, and that isnt a characteristic of a recession, I am buying KSS and BBY right now, retail will be good, also tech if you are playing the big board stocks.
All in my own Opinion, Not a Recommendation!!! But let's try to make some money!
