This post first appeared on FloatingPath
Store sales for the week ending November 9 were little changed from the week prior. Both leading weekly store sales reports note lower gas prices as a driver, but that this may be the quiet before the storm as retailers are gearing up earlier than ever for Black Friday, offering early promotions and announcing extended hours.
The ICSC-Goldman store sales index was up 2.3% year over year from up 1.9% Y/Y the week prior.
The Redbook store sales index was up 3.3% year over year from up 3.8% Y/Y/ the week prior.
Carlson Capital's Double Black Diamond Fund posted a return of 3.3% net of fees in August, according to a copy of the fund's letter, which ValueWalk has been able to review. Q3 2021 hedge fund letters, conferences and more Following this performance, for the year to the end of August, the fund has produced a Read More