Groupon shmoupon. Wired’s latest issue features a piece on ninja online bargain shoppers who show just how far traditional coupon snipping has come. There’s a woman who drives away from a food shopping trip with $80 worth of groceries and and a payment from the store – ““I actually made money on this trip” – and particular emphasis on the efforts at websites SlickDeals and GottaDeal.
Economic numbers haven’t much improved, but stocks have been working in his favor.
Surprisingly strong results from this morning’s ADP jobs report illustrate that travel, entertainment and restaurant businesses are struggling to meet the robust demand that is supporting persistent inflation.
Bank stocks are up nearly 40% since Trump election win
The market spent the session waiting for Nvidia, with hedges being put on throughout the day, which is why the VIX 1-day rose from around 8 to 15.
