The Daily Dose: So What Are People Buying?

By

Brian Sozzi

 | Sep 03, 2014 | 10:00 AM EDT
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There tend to be reasons behind anything that might happen in this world. Dog eats child's homework? Should have put up the gate. A company issues an earnings warning, blowing up an investor's portfolio? That investor should have read the last earnings-call transcript a little more closely.

It's the same idea for U.S. retail sales. In my view, these numbers have been weaker than they should be this year, given the accelerating improvement in the job market. The numbers are also being bumped up slightly higher by the continued strong gains in online channels: Some months, the year-over-year increases in online revenue have been more than 7x the headline retail-sales figure....491 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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