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U.S. Day Ahead: Consumers set to show signs of life

Thursday, September 13, 2012 - 01:52

Sep 13 - Retail numbers out in the morning could show that shoppers are still spending despite the sour job market.

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Stock investors are plotting the -- after -- said it would buy billions of dollars in mortgage debt. Don't get too comfortable Friday come to new challenges. First up we check how the biggest chunk of the economy when retail sales come out in the morning. That's wanna help shoppers are keeping their wallets -- and the job market spotters but things look good for now at least. I -- as we should see another strong read next auto sales jumping in nearly four and half year highs. We're also be respectable gains from building materials and garden supplies as how things are slowly gets back on its feet. We've heard from Ben Bernanke -- what is the rest of his team think about printing more cash to prop up the recovery. Atlanta fed president Dennis Lockhart gives his take on employment in the afternoon. He's been a supporter of stimulus but -- -- elaborate about this potentially negative effects. He's followed by fed governor Sarah bloom raskin she could talk more about the fiscal challenges facing the US. He's already won that automatic spending cuts kicking in at the end of the year have severely hit business sentiment. We could get more details about the cuts -- White House report to congress. We'll also hear how confident Honeywell is when its CFO Dave Anderson speaks to investors. The maker of cockpit electronics and auto and Turbo chargers smashed expectations with the results in July. Its profit jumped while present things -- demand for chemicals. Investors want to know how the company will weather the downturn though expect to -- news of the board costs money. Stay with Reuters TV and insider for more expert analysis on the big market movers. Check out Reuters -- that Reuters dot com slash Reuters TV. And follow us on Twitter at Reuters Insider I'm Fred Katayama this is --

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U.S. Day Ahead: Consumers set to show signs of life

Thursday, September 13, 2012 - 01:52