A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. We’ll get a better sense of that this week. There is a LOT of data coming out in the next few days that will give important clues about the health of the economy. Beyond a slew of retail earnings reports, the government will report retail sales figures for October on Wednesday. Economists are forecasting a monthly jump of 0.9%.
With slowing growth, those numbers need to come down,” said Matt Quinlan, a portfolio manager at Franklin Templeton, on a recent webcast. Quinlan added that “some parts of the…consumer discretionary [sector] would be ones where earnings estimates need to be brought down a little bit more.” Housing slowdown in focus The Fed’s rate hikes may eventually slow broader consumer spending.
Advice for Joe Biden: Start redefining 'the great depression' now.
Blame yourselves partially for the lack of spending this Christmas as well as the economy now and the next 2 years. You should try to be fair and impartial when reporting the news instead of a dem spokesperson
Why is so Anti-American? BoycottCNN
LETS SAVE Justin
Judging by the crowd at Target yesterday and the fact they didn’t even have enough baskets for the shoppers, nope they are not.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Herkunft: svbizjournal - 🏆 334. / 59 Weiterlesen »