Corporate earnings may be mixed, but consumers are back. Retail sales rose by 1.9 percent, which helped fuel a market rally. However, that rally faded out on Friday afternoon, as ebullient shoppers mean that less stimulus may be needed.
That forward-looking notion, against the backdrop of a lackluster earnings season so far, indicates that the stock market can perform well, even as the overall economy continues to struggle.
Now here’s the rest of the news:
October 19, 2019
Sometime it is necessary to dismiss one’s advice! Often it is best to do so without injuring feelings or offending anyone! This is not easy to do without some preparation … some advice.
Some people are happy to give advice; they feel like they are contributing something helpful in their own little way. But the problem starts when the recipient of the advice doesn’t follow it or has another idea. The adviser might get offended because he will feel that his advice is not being valued. Here’s how to dismiss someone’s advice without hurting his feelings.
- Show your appreciation. Tell the person how much you appreciate his advice, and that you will give it some serious thought. Even if you will not really follow his suggestion, the act of merely considering it is enough to show your respect.
- Reserve the advice for potential future use. After a day or two, tell him how his ideas could be of great help or use, but you have also found that it is not suitable to your situation right now. But since you think it’s highly beneficial, you will keep it in mind for potential use in the future.
- Build up the ego. To build up his ego and make him feel that you respect his suggestions, ask for his advice on another subject; but this time, you tell him you’re asking his advice because you’re trying to help a friend or relative.
(No need to give any name. If he insists, pick someone he doesn’t know. This way, he won’t be able to track if his advice was actually followed.)
Asking may not be enough! 😉