Why in the world is the stock market plummetting cause of retail sales?

retail news
the d asked:


we alreaduy knew that at the beggining of the month that things were down,

macy’s down 5%

penneys down 8%

Why alll the sudden it’s big news????

3 Responses

  1. Elwood Blues Says:

    Herd instinct. Investors run with the herd. What, you thought the market always allocated fair prices for equities?

  2. ArmBar Says:

    I hear you this didn’t sneak up on anyone-

    The official numbers came out today-

    Investors are still really gun shy after the beating that they’ve taken this year- any news has them extra jumpy-

  3. Tha_Original Says:

    why would you continue investing in a failing company. if i had stock in companies not turning a profit, i’d probably get out too.

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