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U.S. Day Ahead: Expect more signs of economic strength

Wednesday, May 29, 2013 - 01:50

May 29 - If you are trying to bet on where the Fed will go next, then focus on initial jobless claims and revised GDP numbers on Thursday.

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If you're trying to bet on where that -- we'll go next with its bond buying -- focused on these 2 big numbers Thursday morning first up initial jobless claims they are expected to stay level 340000. It can be a volatile -- -- expert that I -- RC airplanes eight at that level for the next month. It's a sign the economy is shrugging off sequestration and tax -- At the same time we get the latest revised GDP figures they are and to hold at 2.5 retention efforts border. I have -- as consumer spending should pick up slightly. Looks like Costco may have pulled through the recent cold chill that hit target and wal mart's numbers. Profits are expected to leave by almost 20% when that company reports earnings. People Wednesday that thanks to its value brands such as her signature worth roughly fifty billion dollars. Investors also like what they eat Costco has soared 36% over the last year outperforming the broader S&P 500. Person there was hype that the mixed reviews -- what investors are hoping to hear more about how rapid development did in its first week. When the company's chief content officer -- -- windows at a summit in New York. So aren't there had been no viewership numbers CEO -- hate dean told CNBC he was a bit. On the -- performance in its first tier and not daily readings. Apple shares are down almost 1% over the last. Follow on Twitter at Reuters Insider again more of our video that Reuters dot com slash -- TV. Don't miss our interview with former Fed Chairman Paul Volcker -- Ben Bernanke and his team are being asked to do it too much when it comes to fixing the economy. I'm Heidi this is --

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U.S. Day Ahead: Expect more signs of economic strength

Wednesday, May 29, 2013 - 01:50