- All that talk about the economy running on easy money? WSJ headline: the economy is humming but businesses are not borrowing
Even more surprising is that falling rates of loan growth are occurring as many signals point to a more buoyant U.S. economy. Unemployment continues to decline, gross domestic product growth came in at 3% in the third quarter and business investment is rising.
- huge weekend for retail. USA Today headline: Cyber Mondy is forecast to be huge. The reason" can't shake a shopping habit.
- smartphone / mobile device sales smash records. CNBC: mobile devices may mean Cyber Thursday (Thanksgiving) will soon replace Black Friday as biggest shopping day
- Black Friday, Thanksgiving online sales climb to record high. Yahoo!Finance. And there you have it. Donald Trump's first Thanksgiving as president. And everyone said he was in the game for his own benefit.
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At Wine Fusion
Yesterday, Sophia and I spent the entire day (from about 1:30 p.m. to 6:00 p.m. at the Christmas festival on Main Street, Grapevine, TX, the Christmas capital of Texas.
Here she is taking a break at the Wine Fusion bar on the south end of Main Street.
It is absolutely incredibly amazing how friendly (and tolerant?) Grapevine retailers are. They might be a big "stuffy" about non-customers using their bathrooms, but there are plenty of those up and down Main Street. And it doesn't take much to be a customer -- a $2 bottle of water in some places.
Don't you just love those metallic green chair coverings?
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