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Companies going to spend their tax savings or save them. obviously more spending will drive growth but keep in mind most economists have kept forecasts for overall economic growth at 2%, which is, by the way, pretty anemic. despite what trump says about consumers, they're not necessarily feeling a whole lot better. look, he cites that projection of holiday spending of $1 trillion. there is an estimate that that estimate is more like 655 billion, which is not a trillion. investors are waiting for some more solid data before buying into this market, and some of them worry about stock prices have...

Potenti potential, but right now it is a club for people to get together and talk and have a good time. so sad. >> wait, there is more. trump taking credit for the busy holiday shopping season. the world was gloomy before i won. there was no hope. now the market was up 10% and christmas spending is over $1 trillion. so there's no sourcing for that $1 trillion. there was a survey predicting it would be spent. this survey was done in september. i digress. the retail federation close to $655 billion. it is a good year. still not in line with the tweet. trump defending the charity days after annou...

Holiday sales projected to be healthy but not as big as in the past. projecting $655 billion in november and december retail sales. up about 4% from last year. online sales they say will be $117 billion. that keeps growing, the online sales. these are a projection. we will wait for final numbers in january. we did speak to a market track analyst this afternoon that says there's a reason the holidays seem to start earlier and earlier every year. the reason probably won't surprise you. >> the thought is that the early bird gets the shopper in a lot of cases. if they offer compelling deals early ...

Poppy. >> i don't like it. it feels like summer outside and i want the snow. that's how i feel about this. thank you, chad. a huge holiday for retailers. americans spending hundreds of billions of dollars on gifts and now after the big after-christmas sales are coming and, of course, those returns. those things you don't like are getting under way. cnn business correspondent alison kosik has the details. you're going to make the returns easy on pus. >> americans unloaded hundreds of billions of dollars on gifts. the national retail federation a 3.6% jump. an incredible $655 billion. american...

There's still time to get exactly what you want at verizon. all right. the holiday shopping season wrapping up. americans unloaded hundreds of billions of dollars on gifts. the national retail federation predicts $655 billion on gifts.