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Aggressive Discounting Hides Weak Economic Trends

Thursday, November 24, 2016 7:17
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—> NewsConsumers, struggling with rising costs of socialism (though the majority doesn’t recognize this as cause yet), trends of chronic underemployment and unemployment, have been reluctant to spend aggressive for years. Retail stocks relative to the broader market since 2013 defines a long-standing trend of underperformance (chart). Since consumer spending accounts for nearly 70% of GDP, the…

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