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> Bucking conventional wisdom, consumers are deleveraging.
Bucking conventional wisdom, consumers are deleveraging.
April 8th, 2009
Bucking conventional wisdom, consumers are
deleveraging
.
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Markets at 1 set new intraday highs: DJIA +1.03% to 7870. S&P +1.35% to 826. Nasdaq +1.92% to 1591.
Nordstrom (JWN) is outperforming rivals Macy’s (M) and Saks (SKS), in part by moving fashions off the racks at about twice the pace of its rivals.
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