Absolutely agree--almost every retailer (Amazon excluded) is announcing that they are going to miss their estimates for Q4 sales. Analysts need to make their bold statements to get press and keep bread (gold-plated, mind you) on their tables. Rational folks realize that a single-point statistic doesn't necessarily describe a trend.
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Absolutely agree--almost every retailer (Amazon excluded) is announcing that they are going to miss their estimates for Q4 sales. Analysts need to make their bold statements to get press and keep bread (gold-plated, mind you) on their tables. Rational folks realize that a single-point statistic doesn't necessarily describe a trend.