A publication from [Stansberry Research] [Stansberry Research 20 years]
[DailyWealth]
Black Friday: How I Knew Before the Headlines
By Vic Lederman, analyst, True Wealth
---------------------------------------------------------------
Maybe I'm just a glutton for punishment... because I'm a Black Friday shopper.
It's probably not for the reason you think, though. I'm not there for the "deals."
I usually make an impulse purchase each year. But that's not the draw for me either.
Simply put, I'm there for the spectacle. I love seeing the crowds. I love the absurdity of the people packed into the shops.
There's something about consumerism in action that draws me in... OK, I admit that I'm weird.
But this year, Black Friday was strikingly different.
---------------------------------------------------------------
Recommended Links:
['Why isn't my own father doing this?'](
Young woman teaches her own retired and pension-worried father how to instantly collect $1,000 with a little-known strategy that ANYONE can use, regardless of their investment background. [She explains the heartfelt reason why she did it – and how you can too – right here](.
---------------------------------------------------------------
[Sjuggerud: '$29 Trillion Wealth-Creation Event Happening Now'](
Bigger than the Roaring '20s, more wealth than the dot-com boom... The biggest wealth-creation event in American history – worth as much as $90,000 for every American – is just beginning. [Go here to see what it means for you](.
---------------------------------------------------------------
About three years ago, I moved to Florida. For the first time since moving, my girlfriend and I decided we would do Black Friday at the local mall. We know it as the "Mall of Hell."
That's not a term of endearment.
The Mall of Hell is sprawling. Many of the shops are located across streets from each other, so that you have to drive all the way over to access them. And the shop entrances are prone to mind-melting congestion. We knew we had to be ready to spend two-plus hours in the car... even though the mall is just 15 minutes from our home.
Out of all the places I've been to, the Mall of Hell is among the most obnoxious. So we were prepared for maximum spectacle!
Things were weird from the outset, though.
The exit ramp to the Mall of Hell is backed up on busy weekends. But at 1 p.m. on Black Friday, there was no traffic.
We proceeded to the first store on our list. The parking lot had plenty of open spaces. We parked close to the store, walked in, and that was it.
The crowd, if you could call it that, was moderate. There was definitely no spectacle.
After milling about the shops nearby, we drove over to the next lot. Maybe we were just in the wrong spot?
We thought the hipper shops near REI would be busier. Trendy millennials should be there overspending on fashionable outdoorsy clothes. We were wrong.
REI was CLOSED! It turns out, REI doesn't participate in the Black Friday madness...
Black Friday used to be billed as the biggest U.S. shopping day of the year. And a major retailer has decided it can afford to just "opt out."
All in all, it was an eerily calm day at the Mall of Hell. So, when I saw the headlines the next day, I wasn't surprised...
It turns out, a massive number of people decided the stores weren't for them. They did their shopping online.
Black Friday shoppers spent an average of $362 this year... a 16% increase over last year. But at the same time, brick-and-mortar traffic was down 6%.
Cyber Monday also saw a 20% increase in sales. On that day alone, U.S. consumers pumped $9.4 billion into retailers' web portals.
There's no question about it... Online shopping is still the dominant trend. And it's still a huge problem for many brick-and-mortar retailers.
As for me? I bought a sewing machine and a few other goodies. I did it the old-fashioned way. All of my spending happened in person.
But I'm the weird one. More and more folks are moving online... Don't expect that trend to change anytime soon.
Good investing,
Vic Lederman
Further Reading
"I didn't need my wallet, any cash, or a credit card," Chris Igou writes. "All I needed was my phone." While mobile payments are still new in the U.S., there's a huge market for this technology. And it's coming sooner than most folks think... [Read more here](.
"The Internet has taken its toll on the bygone days of traditional media ads," John Engel says. For the first time in history, spending on digital ads will overtake traditional ads. And these same trends will only create stronger opportunities moving forward... [Learn more here](.
INSIDE TODAY'S
DailyWealth Premium
Brazil's e-commerce giant still has massive growth potential...
It's the largest e-commerce company in Latin America. And best of all, it still has plenty of room for growth...
[Click here to get immediate access](.
Market Notes
THIS DRUG GIANT'S FLAGSHIP TREATMENT WILL LEAD SALES IN 2023
Today, we're checking in on a company thriving in the bull market in health care...
Regular readers know that our colleague Dr. David Eifrig believes a massive tailwind is benefiting the health care sector. As Baby Boomers continue to age, they'll need more medical care. That means more check-ups, prescriptions, vaccines, and more. Today's company is profiting from this trend...
[Merck (MRK)]( is a $225 billion drugmaker. It produces lifesaving drugs like Januvia and Janumet (diabetes), Keytruda (cancer), and more. With its expansive portfolio, Merck is able to treat many conditions, including those common in seniors. And that's great for sales... In the most recent quarter, Merck reported sales of $12.4 billion, up 15% from the same quarter last year. And that sales growth should only continue... Research firm GlobalData predicts Keytruda will be the world's top-selling drug by 2023.
As you can see in today's chart, shares have been in a steady uptrend. The stock is up roughly 45% over the past year and a half. As long as patients rely on Merck's lifesaving drugs, these gains should continue...
---------------------------------------------------------------
[Tell us what you think of this content](
[We value our subscribers’ feedback. To help us improve your experience, we’d like to ask you a couple brief questions.](
[Click here to rate this e-mail](
You have received this e-mail as part of your subscription to DailyWealth. If you no longer want to receive e-mails from DailyWealth [click here](.
Published by Stansberry Research.
You’re receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberrycustomerservice.com. Please note: The law prohibits us from giving personalized investment advice.
© 2019 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 or [www.stansberryresearch.com](.
Any brokers mentioned constitute a partial list of available brokers and is for your information only. Stansberry Research does not recommend or endorse any brokers, dealers, or investment advisors.
Stansberry Research forbids its writers from having a financial interest in any security they recommend to our subscribers. All employees of Stansberry Research (and affiliated companies) must wait 24 hours after an investment recommendation is published online – or 72 hours after a direct mail publication is sent – before acting on that recommendation.
This work is based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors, and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.