It's time to shop!
I'm trying to read the tea leaves this morning as retail sales numbers have been posted. Wal Mart numbers were up (of course), but they warned about profits in the next quarter. Hmm... Meanwhile, Target is blowing and going. Retail numbers for April are quite healthy, overall, with auto sales showing life. What does this mean? If the deep discounters are slipping, while the next guy up the chain looks good, and big ticket items are picking up, I think that means consumers are more confident. We are not buying on price quite so much. We're willing to pay a little more to get a little better quality and better service. We're also confident enough to make a big purchase such as a car. So far, this morning, this report has been greeted with a yawn by the market. Numbers are flat. But alas,
diamonds are a girl's best friend!
It's time to shop! 
I'm trying to read the tea leaves this morning as retail sales numbers have been posted. Wal Mart numbers were up (of course), but they warned about profits in the next quarter. Hmm... Meanwhile, Target is blowing and going. Retail numbers for April are quite healthy, overall, with auto sales showing life. What does this mean? If the deep discounters are slipping, while the next guy up the chain looks good, and big ticket items are picking up, I think that means consumers are more confident. We are not buying on price quite so much. We're willing to pay a little more to get a little better quality and better service. We're also confident enough to make a big purchase such as a car. So far, this morning, this report has been greeted with a yawn by the market. Numbers are flat. But alas, diamonds are a girl's best friend!
