Have No Fear About the Consumer Confidence Drop
When the Conference Board reported Consumer Confidence for the month of September, some on the Street worried about the so-called bad news. But, dear friends, don’t fret, as consumer spending will not reflect this decrease. We have much more important things to worry about out here on the battleground anyway. See our full report on consumer confidence here. This article matters to investors in Wal-Mart (NYSE: WMT), Amazon.com (Nasdaq: AMZN), SPDR S&P Retail (NYSE: XRT) and Consumer Discretionary Select Sector SPDR (NYSE: XLY).
Labels: Economic-Reports, Economy, Economy-2014-Q4
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