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Vital for investors to know the difference between good and bad data

Good information is accurate, actionable, and forms a basis for an investment decision.

Shoppers on Black Friday at a Target store in Brooklyn, New York City.

ON Monday, I cast doubt on the many stories about how Black Friday retail sales were off to a disappointing start. This is an important story because retail is such a critical part of the US economy, and because such a large share of the industry's sales occur during the roughly five weeks

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