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stocks: Market Watch - 02/11/08 10:43 PM
Data to keep stocks on edge with recession looming Retail sales likely to highlight consumer woes; commodities resume surge
NEW YORK (MarketWatch) — Investors will closely monitor data next week, given concerns that a recession might already be at hand, while a renewed surge in commodities prices is raising concerns about the Federal Reserve’s ability to continue cutting interest rates to boost the economy.
“Anything that points to an economy that is [decelerating] is going to get a reaction,” said Owen Fitzpatrick, head of the U.S. equity group at Deutsche Bank.
Of particular interest for investors will be January retail-sales … (0 comments)
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Brandi Jo Newman
San Antonio,
TX
More about me…
Dynamic Economics Group
Address: 13515 West Ave, Suite 131, San Antonio, TX, 78216
Office Phone: (210) 391-9974
Cell Phone: (214) 455-8419
Email Me
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