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Black Friday Shopper-on-Shopper Violence, Best Indicator U.S. Economy is Alive and Well

Politics / Social Issues Nov 26, 2011 - 12:15 PM GMT

By: PhilStockWorld

Politics

I’m very relieved to hear of the various incidents of violence brought on by the "doorbusters" and other Black Friday-related narco-shopping come-ons.  This mad rush to buy garbage is the single best indication we have that America’s consumers (and the economy that belongs to their appetites) are alive and well.


A Black Friday where no one dies or is sent to the hospital is a major red flag for those who watch the health of the economy anecdotally as I do.

So far we have a pepper spraying at a California Wal-Mart and an actual shooting in South Carolina (also at Wal-Mart).  No crushings or tramplings just yet, but you know – fingers crossed.  I would feel bad for the victims if not for the fact they are at a Wal-Mart at 4 o’clock in the morning and so they are de facto "asking for it" to begin with.

Links:

Early Scuffling (The Lede)

LA woman leaves 20 people injured after pepper-spraying shoppers (NYP) 

Courtesy of Joshua M. Brown, The Reformed Broker

- Phil

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www.philstockworld.com

Philip R. Davis is a founder of Phil's Stock World (www.philstockworld.com), a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders. Mr. Davis is a serial entrepreneur, having founded software company Accu-Title, a real estate title insurance software solution, and is also the President of the Delphi Consulting Corp., an M&A consulting firm that helps large and small companies obtain funding and close deals. He was also the founder of Accu-Search, a property data corporation that was sold to DataTrace in 2004 and Personality Plus, a precursor to eHarmony.com. Phil was a former editor of a UMass/Amherst humor magazine and it shows in his writing -- which is filled with colorful commentary along with very specific ideas on stock option purchases (Phil rarely holds actual stocks). Visit: Phil's Stock World (www.philstockworld.com)

© 2011 Copyright  PhilStockWorld - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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