Mortgage Banking

Making sense of commercial real estate finance.

The Fate of the Rest of the Year…

Posted by Jordan Crouch on November 20, 2007

…will be determined on Friday (and next Monday). This coming Friday is known as Black Friday because of the deep discounts retailers give to entice shoppers into the stores. The following Monday has become known as Cyber Monday as people shop online at work. If shoppers don’t spend as much as anticipated, it will show the economy is not as strong as some people believe it is. If both Friday and Monday show poor sales, the rest of the year will be dismal. If the sales are outstanding, expect the market to reflect that as well.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: