Store sales slipped during the week ending October 5 for reasons likely at least partially related to the U.S. federal government shutdown. Both weekly store sales reports cite weakness across most segments and hold a pessimistic October outlook.
The ICSC-Goldman store sales index is now up 1.8% year over year compared with up 2.1% Y/Y the week prior.
The Redbook store sales index is now up 3.3% year over year compared with up 3.8% Y/Y the week prior.
In his first-quarter letter to investors of Greenlight Capital, David Einhorn lashed out at regulators. He claimed that the market is "fractured and possibly in the process of breaking completely." Q1 2021 hedge fund letters, conferences and more Einhorn claimed that many market participants and policymakers have effectively succeeded in "defunding the regulators." He pointed Read More