The week in preview: Earnings from Walmart, Macy’s, and other retailers
Posted by: admin in Stocks Money News
Filed under: Earnings reports, Forecasts, Wal-Mart (WMT), Economic data, Urban Outfitters (URBN)
The conventional wisdom is that consumer spending is what drives the U.S. economy. And consumer spending arises out of consumer confidence. Unfortunately, the signals along the road to economic recovery are mixed, what with the rising GDP growth and the dismal unemployment numbers. Its enough to leave investors scratching their heads. What barometers of consumer confidence will the coming week bring?
The TIPP Economic Optimism Index for November is scheduled for Tuesday, and the University of Michigan Consumer Sentiment Index for November is due out Friday.
Continue reading The week in preview: Earnings from Walmart, Macy’s, and other retailers
The week in preview: Earnings from Walmart, Macy’s, and other retailers originally appeared on BloggingStocks on Sun, 08 Nov 2009 12:30:00 EST. Please see our terms for use of feeds.


















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