Holiday Spending

I shorted the US dollar against an unnamed currency before Thanksgiving because my economic spidey senses started tingling, saying that "Black Friday" sales were going to be disappointing. I then saw this chart over at my ex-flame's place;

The title was "Happier Spenders" claiming online sales have gone up, suggesting this is somehow good news.

But now you see why The Economist is my ex-flame. The chart does not show that. Matter of fact, all it shows to me is that there is a natural progression to people buying more stuff online and that little blip in 2009 over 2008 is not a sign of happiness or recovery.

Methinks me shorting of the US will prove wise.