Why are retail analysts and media commentators so damn negative?

This week retail analysts and media commentators hit an all time high on the stupidity meter when they claimed a “retail recession” is upon us. When oh when are these idiots going to understand that retail doesn’t work month-to-month, it works year on year. The pure economic definition of a recession doesn’t hold up when applied to retail sales numbers. According to ABS data March 2017 is 2.5 per cent better than March 2016. Look it up. This has been the trend consistently now for about

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