How Bad Is It? What’s
Coming
Bah, Humbug!
Bah, Humbug!
7
§Forecast: Holiday retail sales: 1% to 2% nominal, (1.5%) to (.5%) real growth.
§Could be negative nominal growth for the first time since 1991.
§Mergers unwinding. Web MD and HLTH.
§Synergy shake-out: Bank acquisitions settle in.
§Foreign consumption slows.
§Is Commercial Real Estate next?