The impressive part is that it's not just the luxury names posting strong numbers. The big numbers are coming in for the department stores and apparel names as well.
More Quotes from Ken Perkins:
There's a deep concern that if this thing goes on, a lot of Christmas merchandise hitting the docks can't be transferred.Ken Perkins
As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses.
Ken Perkins
The Conference Board's November consumer confidence Index fell in November for the fourth consecutive month and was noticeably weak among lower income consumers.
Ken Perkins
The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.
Ken Perkins
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