Retailers are posting tepid sales for a second month in a row, with March blasted by cold weather and a still-uncertain consumer, much like February.Spring and summer merchandise remained on racks during a month that traditionally marks the beginning of warm-weather buying."The mass public is still not feeling good about discretionary spending," said Nancy Liu, retail strategist at consulting firm Kurt Salmon. "Gas prices are still high, the job market is still slow to recover, so there is a lack of confidence."Because of sluggish buying, "on the retailers' side, there could be pressure on inventories that could lead to heavier-than-usual discounting" in late spring and early summer, Ms. Liu said.
The DOW thinks its 2001 and time to:
And mortgage the house again.
No comments:
Post a Comment