Bulls Rule in November, Black Friday Is Here, FTC vs. Microsoft 11/29/24
Squawk on the Street
Market Insights and Holiday Spending Trends
This chapter analyzes the strong performance of the stock market in November, especially in consumer discretionary stocks, and discusses retailers' strategies for Black Friday amid evolving consumer behaviors. It explores economic implications stemming from recent FTC investigations, bond market conditions, and inflation trends, alongside predictions for upcoming jobs reports. Additionally, it highlights notable consumer trends during the holiday shopping season, focusing on online spending and the effects of weather on sales.
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