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U.S. Day Ahead: Retail sales seen lower in October

Monday, November 14, 2011 - 02:24

Nov. 14 - U.S. retail sales are set to grow by a tepid 0.3 percent at the start of the fourth quarter, but this doesn't necessarily mean a recession is on the horizon, says Reuters Correspondent Jason Lange.

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Carries fewer US day ahead don't expect roaring activity when retails sales come out an 8:30 AM. Sales is set to grow I had some -- -- -- of percent in October. After jumping in the previous month Reuters correspondent Jason -- says consumers are probably worried about their bags. Household income couldn't keep up with inflation during the third quarter and people had to cut back in the amount that they saved by quite a bit. It's something had to give people have to cut back on the growth of their spending that's said the reading probably isn't going to be enough to signal an imminent recession. Also on tap but -- -- -- with producer prices out at 8:30 AM. I Bartz says the core rate should fall by its present in October. That's the first drop an almost a year to play. Relatively low auto prices. We'll check the health of the world's largest retailer went Wal-Mart results come out before the bell. -- fantasy earnings of 98 cents a share in the third quarter up from ninety cents a year ago. As the holiday season approaches investors. Disease. Whether high end items like tablets will fly out and shelves and whether customers will stick to the basics. Also before the open we'll get updates from other big names in -- out on the radar third quarter results from Home Depot and staples. Don't comes out after the close to start -- and have been up to PC makers expect to see earnings of 48 cents a share. That would be -- surprise the upside of 2% when compared to me. We'll get more inside from the Fed went -- voting members take to the podium at an AM Chicago fed president Charles Evans gives his take on the central banks to make -- eight. Before the council on foreign relations. And it 1230 Dallas fed president Richard Fisher talks about -- to -- Before that Columbia Business School. And Microsoft holds its annual meeting at 11 AM and at Bellevue Washington. In a rare joint appearance Microsoft chairman Bill Gates and CEO Steve Ballmer. Appear before shareholders. Expect tough questions on why the company's stock is a blocked it it take your rotten. Why it's an -- by the likes of apple and Google. I'm Rhonda -- this is -- time.

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U.S. Day Ahead: Retail sales seen lower in October

Monday, November 14, 2011 - 02:24