The stock market's woes could weigh on the holiday shopping season

The stock market's woes could weigh on the holiday shopping season

6 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/24/the-stock-markets-woes-could-weigh-on-the-holiday-shopping-season.html

From turkey to the malls, more than 164 million Americans figured to hit the stores between Thanksgiving and Cyber Monday according to the National Retail Federation. But how will the retailers fare the rest of the holiday season?

"I don't think the consumer could be healthier," retail consultant Jan Kniffen told CNBC's "On the Money" in an interview. "Rising wages, they're all working, unemployment at a 50-year low, the consumer's got no problems unless the S&P 500 is a problem."

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