Investors have spent most of the last two years fretting over the health of the economy…
But apparently, American consumers aren’t worried. Because they just spent a record $9.8 billion on last weekend’s holiday shopping deals.
That makes this the most successful Black Friday in history, even bigger than pre-pandemic shopping bonanzas.
It’s a remarkable contrast, where the people buying stocks are convinced a recession is inevitable, and those buying retail goods are spending more than ever before.
That’s enough to make you wonder whether investors might be missing out on one of the most reliable seasonal trends in retail…
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