News for hackers. Stuff that matters.
Re:Americans are spending less on clothing by kimdcmason on Wednesday February 07, 2018 @12:03PM (#16325938)
"the Fed reacted with big interest rate hikes that sent the stock market plummeting."

Wat? We're still in of one of the longest bull runs in history. The S&P 500 jumped 80% in the last 5 years. Even incorporating the minor market correction in the last week (2/3rds of which has already recovered), the stock market has done the reverse of what you suggest.

Re:Americans are spending less on clothing by macNchz on Wednesday February 07, 2018 @12:49PM (#16326425)
The hysteria over what amounts to a blip in a seemingly endless run-up of the markets has kind of surprised me over the past few days. Not sure what to make of it, but it has been interesting to watch.