By all accounts, it was a productive holiday season for retailers across the country. Mastercard (NYSE: MA), which is uniquely qualified to monitor spending habits, estimates U.S. holiday spending rose 5.1% this year. That represents the sharpest annual increase in six years. —Recommended Link— Is the Next “Millionaire Maker” In YOUR Portfolio? We’ve uncovered one company that is rapidly changing the way we view medicine forever (and add a few extra zeroes to your bank account in the process). Details here. If prognostications from research firm eMarketer are accurate, brick-and-mortar stores rang up 4.4% more sales during the pivotal… Read More
By all accounts, it was a productive holiday season for retailers across the country. Mastercard (NYSE: MA), which is uniquely qualified to monitor spending habits, estimates U.S. holiday spending rose 5.1% this year. That represents the sharpest annual increase in six years. —Recommended Link— Is the Next “Millionaire Maker” In YOUR Portfolio? We’ve uncovered one company that is rapidly changing the way we view medicine forever (and add a few extra zeroes to your bank account in the process). Details here. If prognostications from research firm eMarketer are accurate, brick-and-mortar stores rang up 4.4% more sales during the pivotal holiday season than in 2017, while eCommerce sales jumped 16%. Combined, shoppers dropped more than $1 trillion for the first time ever. #-ad_banner-#Even when Halloween decorations were still on the shelf, there were already upbeat signs for retailers. Wal-Mart (NYSE: WMT) reported strong third-quarter comparable sales, led by a powerful 44% increase in online revenues, encouraging management to lift its full-year financial targets. That jives with a report from the Bureau of Economic Analysis showing that consumer spending rose nearly 4% in the third quarter and is now running at an annualized pace of $14.1 trillion. The personal consumption expenditures… Read More