This post first appeared on FloatingPath
While an improvement from last week, U.S. store sales still remained sluggish for the week ending February 8. Both reports blamed the bad weather, yet again.
On Thursday the U.S. Census Bureau will report on retail sales in January. The weekly store sales indexes suggest it will not be an optimistic reading.
David Einhorn's Greenlight Capital funds were up 11.9% for 2021, compared to the S&P 500's 28.7% return. Since its inception in May 1996, Greenlight has returned 1,882.6% cumulatively and 12.3% net on an annualized basis. Q4 2021 hedge fund letters, conferences and more The fund was up 18.6% for the fourth quarter, with almost all Read More
Last week the ICSC-Goldman store sales index was up 2.3% year over year, compared to flat Y/Y the week prior.
The Redbook store sales index was up 2.8% year over year, compared to up 2.7% Y/Y the week prior.