Comments on: Will “Black Friday” be Just a “Black” Friday for Retailers as the Holiday Shopping Season Begins?

By: Jutia Group - Market Jitters & Political Critters

Jutia Group - Market Jitters & Political Critters — Tue, 25 Nov 2008 14:44:05 +0000

[...] as “Black Friday,” the unofficial start of the holiday shopping season. Analysts are projecting a poor shopping season, though the actual numerical estimates range from poor to downright [...]

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By: pat

pat — Mon, 24 Nov 2008 16:15:32 +0000

I understand that as people cut back and reduce spending there is a concern of deflation. What is not factored into this equation, even the stimulus packages geared to increase spending, is that by cutting back people are saving. Increase savings deposits gives banks more lending capacity. Isn’t increased savings better than increased spending to mitigate our financial implosion?