Today is Cyber Monday the largest online shopping day of the
entire year. Employees will be on the internet ordering holiday gifts when the
boss is not looking. Cyber Monday is expected to blow through prior records and
produce the largest online shopping day in economic history.
[Purchase the 2017-11 chronology to read and study the market drama in November.]
The Cyber Monday retail sales are estimated at $6.59 billion
a hair short of the $6.60 billion and more that was expected. Perhaps some
online sales were pulled forward to Thanksgiving and Black Friday weekend.
Nonetheless it is a huge number but is dwarfed by the $25.3 billion in sales on
China’s Single’s Day.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.