AUTHOR: TOWNEWEALTHMANAGEMENT.NET/BLOG 11/19/2021 Towne Wealth Management BLOG:
Painfully Good News
Holiday Retail Sales are expected to hit $207 billion between Nov. 1 and Dec. 31 this year, setting a new record, projects MarketWatch, 11/3/2021. This forecast represents a 10% rise over the same 2020 timeframe. The article goes on to say that shoppers and retailers are feeling ‘the effects of global supply chain headwinds,’ evidenced with out-of-stock messages growing 172% verses the pre-pandemic period.
Painfully good news, I think….
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested into directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.
The opinions expressed in this material do not necessarily reflect the views of LPL.