Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
opened 2010 riding momentum from last year's strong rally even as doubts emerge about the market in view of an uncertain pace of recovery from the brutal recession.
In the coming week, the focus turns to the health of the American consumer with data on retail sales for December, offering clues on spending which accounts [...]
Tue, Dec 29 2009, 10:57 GMT
– (SZ) Swiss UBS Consumption Indicator: 1.276 v 0.876 prior; highest level in 14 months
– (FR) French Q3 Final GDP Q/Q: 0.3% v 0.3%e; Y/Y: -2.3% v -2.4%e
– (SP) Spanish Nov Retail Sales (Real) Y/Y: -4.3% v -3.9% prior, Adjusted Real Retail Sales Y/Y: [...]
MONTREAL/CHICAGO (Reuters) – U.S. retailers performed better during the holiday shopping season this year than in historically dismal 2008, in line with lowered expectations, according to data released on Monday.
Activity tracked by SpendingPulse, a unit of MasterCard Advisors, showed retail sales rose 3.6 percent in the period from November 1 through Christmas Eve on [...]
Tue, Dec 22 2009, 06:24 GMT
Over the past month, data has confirmed that US growth has shifted to a higher gear with growth rates around 4% heading into 2010. That said last week’s data has been more mixed regarding the H1 outlook. In fact, it seems as if hard data is picking [...]