real-time news and commentary for investors
Friday, Nov 2
2012, 7:56 AM
The recent mix of economic news and retail sales reports sets the table for a holiday retail...
The recent mix of economic news and retail sales reports sets the table for a holiday retail season that will come in better than original forecasts, according to IHS Global Insight. What to watch: While Hurricane Sandy is only an "interruption" to retailers on a strong growth track and an "excuse" for underperformers, two potential drags on Q4 retail sales could be a fiscal cliff that doesn't get resolved or a national election that is in dispute.