--- title: Cyber Monday description: Cyber Monday --- - [ BLOG ](https://blog.ggaretirement.com/) - [ CLIENT LOGIN ](https://www.ggaretirement.com/client-login) [![gga-retirement-header-logo](https://blog.ggaretirement.com/hubfs/gga-retirement-header-logo.jpg) ](https://blog.ggaretirement.com/2014/12/01/cyber-monday#) ** - [ FOR ADVISORS ](https://www.ggaretirement.com/for-advisors) - [ FOR EMPLOYERS ](https://www.ggaretirement.com/for-employers) - [ OUR TEAM ](https://www.ggaretirement.com/our-team) - [ 401K PEP ](https://www.ggaretirement.com/401k-pep) - [ CONTACT US ](https://www.ggaretirement.com/contact) - [ REQUEST CONSULTATION ](https://resources.ggaretirement.com/request-consultation) # Blog ## Cyber Monday Posted: Dec 1, 2014 2:57:40 PM Thanksgiving and Black Friday sales disappointed, on the whole, as they were down 6.4 percent from a year earlier. We hope Cyber Monday will make up for the retail short fall over the weekend. Retail sales are important because they make up 2/3 of US GDP.  Additionally, oil has dropped to the mid 60’s from June, when oil was over a 100 dollars a barrel. This should add to a family’s disposable income over time and help with retail sales, vacations, etc., but clearly this was not apparent last weekend. In the short term, we believe the S&P is slightly overvalued trading at 17.6x 2014 and 16.3 times 2015 earnings. Longer term we are constructive, but we do not expect a duplication of the huge S&P returns over the past few years. You can follow Granite Group Advisors on [LinkedIn](http://www.linkedin.com/company/granite-group-advisors?trk=cp_followed_name_granite-group-advisors) and learn more about our Wealth Management and Corporate Retirement Services on our [Website](http://www.granitegroupadvisors.com/). [![New call-to-action](https://no-cache.hubspot.com/cta/default/6431732/8084df1e-4fae-435d-9084-3e241986d324.png)](https://cta-redirect.hubspot.com/cta/redirect/6431732/8084df1e-4fae-435d-9084-3e241986d324) ### Posts by Tag - [401k (28)](https://blog.ggaretirement.com/tag/401k) - [Business (22)](https://blog.ggaretirement.com/tag/business) - [Retirement (15)](https://blog.ggaretirement.com/tag/retirement) - [Retirement Plans (12)](https://blog.ggaretirement.com/tag/retirement-plans) - [Covid-19 (10)](https://blog.ggaretirement.com/tag/covid-19) - [Online financial tool (3)](https://blog.ggaretirement.com/tag/online-financial-tool) - [Technology (3)](https://blog.ggaretirement.com/tag/technology) - [financial advisor (3)](https://blog.ggaretirement.com/tag/financial-advisor) - [Insider (2)](https://blog.ggaretirement.com/tag/insider) - [ERISA (1)](https://blog.ggaretirement.com/tag/erisa) - [Market Outlook (1)](https://blog.ggaretirement.com/tag/market-outlook) - [News Update (1)](https://blog.ggaretirement.com/tag/news-update) - [Nonprofits (1)](https://blog.ggaretirement.com/tag/nonprofits) - [Target Date Funds (1)](https://blog.ggaretirement.com/tag/target-date-funds) [See all](https://blog.ggaretirement.com/2014/12/01/cyber-monday#) ## OUR CONTACTS **Address** 1 Landmark Square  Stamford, CT 06901 (Suite 426) **Telephone ** [(203) 210-7814](tel:203-210-7814) **Fax** [(203) 403-9481](tel:203-210-7814) **Email ** [info@granitegroupadvisors.com](mailto:mrosenthal@granitegroupadvisors.com) ## OUR COMMUNICATIONS Join Our Mailing List to See Our Blog Updates [RETIREMENT LOGIN](https://www.ggaretirement.com/client-login) [**](https://blog.ggaretirement.com/2014/12/01/cyber-monday#) © 2026 by Granite Group Advisors. All rights reserved. - [Privacy Policy](https://www.ggaretirement.com/privacy-policy) - [Disclaimer](https://www.ggaretirement.com/disclaimerpolicy) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/usa-flag.png)](https://www.ggaretirement.com/) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/netherland-flag.png)](https://www.ggaretirement.com/copy-of-home-spanish) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/spain-flag.png)](https://www.ggaretirement.com/copy-of-home) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/china-flag.png)](https://www.ggaretirement.com/copy-of-home-portugese) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/brazil-flag.png)](https://www.ggaretirement.com/copy-of-home-french) [![](https://blog.ggaretirement.com/hubfs/ThemeNov2019/flags/france-flag.png)](https://www.ggaretirement.com/copy-of-home-russian)