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Wall Street Eyes Consumer Rally |
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Written by Top Ten List
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Wednesday, 07 October 2009 |
Contrary to last year’s sales reports, it seems that Wall Street is pretty optimistic over this year’s year-end sale. Of course, market analysts have already gave their signal that the recession is officially over, and that the public already has started spending their fortunes, perhaps this would be a good year indeed?
On the other hand, Wall Street analysts are banking in that the Black Friday sales this year, will be significantly higher when compared to last year. Also, with the stock market closing at 10,200 points, I’m sure that companies are much more comfortable when it comes to the consumer’s confidence over the economy.
Do you think that there will be a consumer rally this year?
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