If you're not feeling very "happy," remember, no matter how bad things are, they could always get worse (and we may be going there). So, whatever you have now, be thankful for that.
Speaking of thanks and of things getting worse, here's a shout out to the so-called "Super Committee":
Thanks for nothing!
What a bunch of losers.
Hmmm, speaking of losing... I wonder if anyone on the Supercilious Committee shorted the market before their announcement that they had nothing to announce. Hey, maybe they waited until the end of the day on Monday - when it was already known that they had sold America short - to break the news, so they could add to their shorts as stocks broke support levels.
No "maybe" about, it in my book.
Oh, you don't think they would do that - short the market? You think that would be unethical? You think that would be illegal? You think that's insider trading?
It's not any of those things, according to Congress.
If you're about to sit down to your big Thanksgiving dinner and are scared you'll eat too much, don't worry. You're about to lose your appetite, and probably get sick, too.
The U.S. unemployment rate may still be high, but that hasn't stopped consumer spending from rallying. And in contrast to the darkest days of the financial crisis, when discount retailers like Family Dollar Stores Inc. (NYSE: FDO) and Wal-Mart Stores Inc. (NYSE: WMT) ruled the day, luxury brands have been doing the heavy lifting.
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Indeed, bolstered by the extension of the Bush tax cuts and strong demand in Asia, luxury brands are coming back into style.
LVMH Moet Hennessey Louis Vuitton SA (PINK: LVMHF), Burberry Group PLC (PINK: BURBY) and Hermes International SCA (PINK: HESAF) will lift revenue at least 9%, according to estimates compiled by Bloomberg.