Today after both Black Friday and cyber Monday were total disappointments CNBC market ‘pro’ alleviates all concerns stating those two days are not statistically significant.
“Black Friday and Cyber Monday are not statistically significant in terms of predicting the overall holiday season,” offered Lebovitz of the traditional sales period where retailers offer holiday promotions.
So then why the giant media blitzkrieg about them every year? Would they have been not statistically significant if they had absolutely crushed it??
These market ‘pros’ are just the worst kind of people. No integrity, no shame and will tell you anything to suit their interest. They are nothing more than shady used car salesmen.