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Will Christmas Save 2015? Total Business Sales Have Been Negative YoY For 2015

This is a syndicated repost published with the permission of Confounded Interest - Online Course Notes For Financial Markets. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

American businesses are hoping that Santa Claus is going to bring them a big present in December.

Why? Because total business sales YoY have been NEGATIVE for all of 2015.

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With the Atlanta Fed’s Real Time GDP Q4 forecast at 1.3% …

gdpnow-forecast-evolution (2)

Gene Autry’s “Here Comes Santa Claus” might have be rewritten as “Here Come Janet Claus” right down Constitution Avenue.

janet-yellen-christmas

I could have used Gene Autry’s “Back In The Saddle Again,” but you get the point.

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