Retail Boys Up: A signal of better times? - Two
May 17th 2007 08:55
Last Thursday saw a surge in the share prices of the big boy retailers and whether should it been seen as a sign of confidence for better times to come?
Nearly a week late, the Westpac-Melbourne Institute announced that consumer confidence is on 32-years high, on the back of low unemployment levels, booming share valuation and a resource-led economic growth. Not to mention that consumer sentiments of another interest rate rise is rather mild.
So now we have seen the signs of retailer shares movement as one of the signs of the economy. But is it just a one-off single event?
We would need the empirical findings then.
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Related post: Retail Boys Up: A signal of better times?
Nearly a week late, the Westpac-Melbourne Institute announced that consumer confidence is on 32-years high, on the back of low unemployment levels, booming share valuation and a resource-led economic growth. Not to mention that consumer sentiments of another interest rate rise is rather mild.
So now we have seen the signs of retailer shares movement as one of the signs of the economy. But is it just a one-off single event?
We would need the empirical findings then.
---
Related post: Retail Boys Up: A signal of better times?
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