Merry Christmas! - Symptoms of Housing Crash Remain Elusive
Merry Christmas everybody! Especially you housing bears and bubble bloggers. Though the Santa rally on Wall Street didn’t show itself today, signs of consumer spending remain strong.
People are shopping on the web more and more. This season set a new record! 33 million people haven’t even begun shopping yet. I know, I was one of them.
Stores are planning on some great deals on this final weekend before Christmas. Traditionally, the Saturday before Christmas is the biggest sales day and this year should prove no different.
If the economy is crashing, there are no signs at the stores this holiday season. Is it one last binge before a big pop? Or is it the real deal and everything is just running along smoothly with only a few hiccups along the way?
Judging
by the lines at Kohl’s tonight, I’d say we’re simply a nation of procrastinators.