Comments on: More Bad Data from the NRF? http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 19:17:10 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: cm http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29540 cm Wed, 29 Nov 2006 07:05:50 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29540 sam: I suppose it's a deal when you get it. Quantities on the better doorbuster deals were very limited. The reason several thousand people lined up at night was that everybody wanted be among the first 100 or whatever number pocketing the most coveted deals, "as long as supplies last". sam: I suppose it’s a deal when you get it. Quantities on the better doorbuster deals were very limited. The reason several thousand people lined up at night was that everybody wanted be among the first 100 or whatever number pocketing the most coveted deals, “as long as supplies last”.

]]> By: cm http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29539 cm Wed, 29 Nov 2006 07:02:55 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29539 Josh: Figuring in (or rather out) rebates is not straightforward, as many/most come in the form of vendor rebates that don't even go through the store. And at any rate the store will at best issue you the rebate form, and you have to mail it in to a separate entity. Last time I got a rebate form in the store it was the very same thing that I could have printed from the manufacturer's website. Good luck piecing all that together. Josh: Figuring in (or rather out) rebates is not straightforward, as many/most come in the form of vendor rebates that don’t even go through the store. And at any rate the store will at best issue you the rebate form, and you have to mail it in to a separate entity. Last time I got a rebate form in the store it was the very same thing that I could have printed from the manufacturer’s website. Good luck piecing all that together.

]]> By: njnyctrader http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29538 njnyctrader Wed, 29 Nov 2006 06:09:49 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29538 I was in Circuit City in Union Square this past Sunday. People were mainly looking around. I bought some DVDs and surprisingly, did not wait in line.... and got to a cashier immediately. Down the block, Whole Foods was packed. Gotta eat before you can buy gadgets! I was in Circuit City in Union Square this past Sunday. People were mainly looking around. I bought some DVDs and surprisingly, did not wait in line…. and got to a cashier immediately. Down the block, Whole Foods was packed. Gotta eat before you can buy gadgets!

]]> By: John Mugarian Investor Alert http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29541 John Mugarian Investor Alert Tue, 28 Nov 2006 21:18:36 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29541 <strong>Market Has More Downside</strong> The market has more work to do on the downside, but I do have some reservations. I have reservations because I don't know what former Goldman Sachs boss, and current Treasury Secretary Hank Paulsen has up his sleeve. All things... Market Has More Downside

The market has more work to do on the downside, but I do have some reservations. I have reservations because I don’t know what former Goldman Sachs boss, and current Treasury Secretary Hank Paulsen has up his sleeve. All things…

]]> By: Robert Coté http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29537 Robert Coté Tue, 28 Nov 2006 18:21:59 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29537 <i>cote, $990 for 42" plasma ain't a bargain?</i> Nope. Not for me at least. I was looking for a 42" with 1366x768 (WXGA) and built-in digital for $1400 and not waiting in line for hours. Didn't happen so no purchase. The missus tells me the line at Fry's was 1400-2000 shoppers long at 4:15AM for a 5AM opening. I walked straight in at 6:15 to short lines, bountiful service and inventory. There's some "Big Picture" in here someplace. Consumer electronics (-4.39% industry 10yr survivor biased return) are deflationary and thus masking the inflationary pressures in the rest of the economy. cote, $990 for 42″ plasma ain’t a bargain?

Nope. Not for me at least. I was looking for a 42″ with 1366×768 (WXGA) and built-in digital for $1400 and not waiting in line for hours. Didn’t happen so no purchase. The missus tells me the line at Fry’s was 1400-2000 shoppers long at 4:15AM for a 5AM opening. I walked straight in at 6:15 to short lines, bountiful service and inventory.

There’s some “Big Picture” in here someplace. Consumer electronics (-4.39% industry 10yr survivor biased return) are deflationary and thus masking the inflationary pressures in the rest of the economy.

]]> By: Josh http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29536 Josh Tue, 28 Nov 2006 17:33:22 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29536 Robert Cote hit on something I haven't thought of....same store sales, ex-rebates. Sales may look decent, but I'm curious if there is a figure for real spending minus anticipated mail in rebates. Robert Cote hit on something I haven’t thought of….same store sales, ex-rebates. Sales may look decent, but I’m curious if there is a figure for real spending minus anticipated mail in rebates.

]]> By: Teddy http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29535 Teddy Tue, 28 Nov 2006 17:20:29 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29535 I see there was a wall street shill on a nightly business show last night talking about the strong earnings of the stock market. When the government grossly understates inflation, wall street treats these inflationary profits as increased productivity, and foreign central banks conundrumize long term rates to levels below the inflation rate, it is not a question of economics, but rather a lack of morals, no code of eithics, and a paucity of family values. Let's stop beating ourselves up over why the stock market went up. And btw, MEDIAN wages for the average working person are still grossly negative after adjusting for inflation, another factor in these "strong earnings" reports. I see there was a wall street shill on a nightly business show last night talking about the strong earnings of the stock market. When the government grossly understates inflation, wall street treats these inflationary profits as increased productivity, and foreign central banks conundrumize long term rates to levels below the inflation rate, it is not a question of economics, but rather a lack of morals, no code of eithics, and a paucity of family values. Let’s stop beating ourselves up over why the stock market went up. And btw, MEDIAN wages for the average working person are still grossly negative after adjusting for inflation, another factor in these “strong earnings” reports.

]]> By: Chief Tomahawk http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29534 Chief Tomahawk Tue, 28 Nov 2006 17:08:44 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29534 BR, who is paying any attention to the derivatives market? Aren't these the 800lb. gorilla in the room? I was reading The Prudent Squirrel, and their size and growth rate are huge. I guess I'll go search for a derivatives blog... BR, who is paying any attention to the derivatives market? Aren’t these the 800lb. gorilla in the room? I was reading The Prudent Squirrel, and their size and growth rate are huge.

I guess I’ll go search for a derivatives blog…

]]> By: DD http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29533 DD Tue, 28 Nov 2006 17:06:56 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29533 Bernanke is sooooooo dreeeeammmmyyy...... Bernanke is sooooooo dreeeeammmmyyy……

]]> By: sam http://www.ritholtz.com/blog/2006/11/more-bad-data-from-the-nrf/comment-page-1/#comment-29532 sam Tue, 28 Nov 2006 16:55:46 +0000 http://thebigpicture.dev.wilder.ca/blog/2006/11/28/more-bad-data-from-the-nrf/#comment-29532 cote, $990 for 42" plasma ain't a bargain? cote, $990 for 42″ plasma ain’t a bargain?

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