SSS Down During Government Shutdown

Updated on

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.

Gates Cap Management Reduces Risk After Rare Down Year

Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy Read More

government shutdown


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