There were huge crowds at shops all across America this Black Friday, but this Christmas season may not be as strong as past seasons. The National Retail Federation expects sales to grow just over 4% — not as much as last year. The group also expects more than 147 million people to shop Friday through Sunday, which would be down 5 million from 152 million during the same weekend last year. Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss whether recent sales figures are a good sign for the economy,
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.