We keep talking about consumers. I decided to talk to them, instead. Specifically, consumers who've seen their incomes take a nosedive. Where are they shopping this holiday season? How much do they plan to spend? Read More
S&P 500 futures drop a few points as October Housing Starts and Permits were a bit below expectations, while the Consumer Price Index was a bit hotter than expected. Read More
Retailers: are we reaching the limits of cost cutting? Cautious comments on fourth quarter sales from Saks and Target are weighing on retailers today. Read More
Investors are wondering if Target and Home Depot are 'playing mind games' after both warned on their outlooks yet posted quarterly profits that handily topped estimates. Read More
It's official, the gold rush is on: the Republic of Mauritius has purchased 2 metric tons of gold from the IMF. That is one-hundredth the amount of gold that India just bought, but then again with 1.3 million people Mauritius has one-thousandth the population of India. Read More