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COMMENTS: Premature Evaluation
What an odd day of news this is! Not only virtually bereft of overseas coverage…not only leading with a celebrity sports story…not only providing free publicity to a lifestyle feature in Time…but here we are, a week before Thanksgiving, and NBC decides to preview the Christmas shopping season. Unlucky Carl Quintanilla, of its sibling financial news cable channel CNBC, was assigned to the premature task. He reassured as that there should be plenty of bargains this year as retailers mark down "furniture, toys and--more than anything--clothes." It seems shoppers do not buy winter apparel when the weather is warm and so an unseasonable fall has left stores with bulging inventories and an urge to slash prices.
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