Americans will go out and shop for Christmas today. Always interesting to me. A mosque in Egypt was attacked and 85 people are dead. The war on terror never stops. I really detest those bastards. I usually traded on this day. We’d sit on the floor and hope some business came our way or we’d monitor our positions. Sometimes, the day before and after a holiday was great because no one else was there but I digress.
I am curious where people are shopping this year. It’s supposedly a make or break for operators like Macy’s. If they don’t have a good season they will curtail a lot of their operations. I understand that they wanted to build a nationwide brand by extinguishing local brands but they did it at a time when being local was a strong trend. People I know might go out, but instead of fighting crowds and for parking they will do a lot online.
If you shop on the web, where do you shop? In the past year, I have seen a lot of smaller brands make a big impression particularly shoes. In my family times have changed. Christmas is more about getting together than it is the gifts. Back when our kids became old enough, instead of a present we’d take a trip somewhere cool. Given how busy everyone is, that’s gone by the wayside too.
I will be driving home from Detroit and not shopping.