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The Young Investors Podcast
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Black Friday Is a Big Deal
November has now outpaced december as the biggest trading month of the year for retailers iges. Black friday spending last year was actually 50 % higher than the year before, annsays senior economist adelaide timbrell. The australian retails association is tipping five point four billion to be spent over the four day period from friday, november 26, to monday november 20. While there's no thanksgiving holiday preceding the sales event, it's beginning to overshadow the traditional post christmas sales that local stores typically focused on.
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