Stay Away from the Retail Sector Until Christmas
Feb 28th, 2008 | By Contrarian Profits | Category: Stock Market InvestingDespite falling commodity prices, producer and consumer prices are still rising. This, combined with low consumer confidence, is bad news for the retail sector, says Rick Penergraft in Investor’s Daily Edge. He recommends staying well clear of the right now – at least until Christmas, when any pick up in the economy could make the sector a buy again…