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Top Stories From the Breitbart News Desk Early data suggests a bleak Black Friday for brick-and-mort

[Maganomics Daily]( Top Stories From the Breitbart News Desk Early data suggests a bleak Black Friday for brick-and-mortar stores. Around half as many people physically visited stores on Black Friday as did last year. Even last year, foot traffic had fallen by 6.2% compared with the year before that, which was down 1.7% compared with the year before that. This may not be as calamitous for retailers as it seems. Many had begun holiday discounting early this year, hoping to spread out the shopping season for an age of limited-capacity stores and social distancing. Holiday spending was 65.7% higher earlier in November compared with the prior year, so this flattening of the shopping curve was at least somewhat effective. [How To Live Your Best Life]( And many Americans did their shopping digitally. Online purchases rose 22%, according to Adobe Analytics. That boost indicates consumer demand remains strong and all the talk of the pandemic’s resurgence hasn’t yet frightened Americans into financial bomb shelters. The vaccine news is no doubt playing an important role in buoying consumer confidence – just as it has investor confidence. Even with a pullback yesterday, stocks had their best monthly performance since 1987. – Alex Marlow, Breitbart News Network --------------------------------------------------------------- TOP STORY [image] [Janet Yellen Promises to ‘Restore the American Dream’]( Janet Yellen tweeted a pledge on Monday to “restore the American dream.” Joe Biden officially tapped Yellen on Monday to serve as his Treasury Secretary, but word that she was Biden’s pick for the job was reported last week. She was appointed by Barack Obama as chair of the Federal Reserve, a position she held until 2018. [[Click here for more]( Recommended Link [How is your 401k doing today?]( [image]( Why make only 3% when you could make 582% on your money… without putting in any extra work? Instead of buying stocks and praying they go up... the “Money Multiplier” strategy could’ve helped you put 194x MORE money into your account… over the same time! Instead of barely squeezing a paltry $150 out of the market… you could have had the chance to make $29,100! The EASY way. Want to see how it works? [Show me the easy way!]( -- IN OTHER STORIES… [Texas Factory Activity Slowed Sharply in November]( The growth of factory activity in Texas slowed sharply in November, data from the Federal Reserve Bank of Dallas showed Monday. [[Click here for more]( [Nolte: Coronavirus Catastrophe at Thanksgiving Box Office]( The Croods: A New Age, the top movie over the Thanksgiving weekend, grossed a terrible $14.2 million. That was over the five-day weekend – meaning Wednesday through Sunday. Over three days (Friday- Sunday), it grossed just $9.7 million. [[Click here for more]( [Pending Home Sales Unexpectedly Fall as Shortage of Homes Pushes Up Prices]( Remember when you couldn’t buy toilet paper because so many people had stocked up on supply going into the lockdowns? Something close to that is now occurring in the housing market. Pending home sales, which are based on contracts to buy previously owned homes, fell for a second straight month in October as would-be buyers were stymied by high prices and short supply. [[Click here for more]( --------------------------------------------------------------- FROM THE MAGANOMICS INSTITUTE… [The Other Chinese Virus That Could Crash the Global Economy]( As we approach a year since the first known COVID-19 infection in China, another altogether different contagion is starting to concern analysts. [[Click here for more]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Trader’s Guide to Technical Analysis]( [image]( [America’s #1 Portfolio Protection Plan]( [image]( [The Gold Investor’s Guide]( [Maganomics]( Maganomics Institute 55 NE 5th Avenue, Delray Beach, FL 33483 [www.maganomics.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Maganomics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-888-415-6046, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@maganomics.com). © 2020 Signal to Noise, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Signal to Noise, LLC. [Privacy Policy]( | [Terms of Use](

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