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What is black Friday?

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minnie76 | 23:48 Fri 25th Nov 2011 | Seasonal
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People have mentioned black Friday....can anyone expand?
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I believe that this is the Friday 4 weeks before Xmas in most places,and it's when Xmas shopping is supposed to begin! but here in South Wales it's the last Friday of work before Xmas, and it's not a nice day for most of us, there are lots of drunken folk around, they drink from lunchtime till late at night, I stay in on that night!..........it's horrid!......
Yes WL - its called " black-eye " friday in the NE . Workers often finish early and go for a drink together . As the day goes on , and the drink takes effect , old scores are often settled , either within that group or with rivals - hence the black eyes ...and sore heads .
It's the day after Thanksgiving when the USA go mad in the sales !
Thanksgiving in the US is on a Thursday.

It's a national holiday.

The following day, the American traders return to work in a jolly mood, full of goodwill. Trading is usually buoyant.

Accounts, which might be in the red, benefit from the buoyant trading, and frequently finish the day in the black.

Hence ... "Black Friday"

=0)
Traders as in stock and bond market traders.

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