In which Barry teaches the (print) media about Black Friday hype
- Joshua M Brown
- November 24th, 2012
They're finally catching on, thanks to a few years of venting by the boss...
Over the years, I have been rather annoyed (perhaps too much) at the annual foolishness over Black Friday forecasts. Each year, we hear breathless predictions of ridiculous increases in consumer spending — holiday shopping rises 16% this season! — which turn out to be wildly over-optimistic, and are never confirmed by the actual data.
Keep reading:
Black Friday Skepticism (Finally!) Goes Mainstream (TBP)
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The Reformed Broker is a blog about financial markets and the economy. Joshua Brown is a New York City-based investment advisor for high net worth individuals, charitable foundations, retirement plans and corporations... More. -
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