U.S. Wealth Group Post by Robert Santarpia

Market Review November 2017

Online holiday sales hit all-time high The beginning of the holiday season is marked by two things, the post-Thanksgiving food coma and the retail sales that follow on Black Friday. This year sales on the day hit record highs, with more consumers purchasing goods on their mobile devices than ever before, marking positive signs to come for the retail economy in the coming month. With $7.9 billion sold on Black Friday the retail sector saw its numbers jump almost 18% from the year before. Expectations from brick-and-mortar stores does not look as promising, given the initial findings that 40% of all sales...

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