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U.S. Day Ahead: Consumers could still be stuck in neutral

Monday, August 13, 2012 - 02:09

Aug 13 - Don't expect much life in the American shopper based on key earnings and retail data according to Thomson Reuters Analyst Jharonne Martis.

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Today's day ahead it's presented by the letter -- for consumers. First up we take the pulse of American shoppers went three -- retailers report earnings. We'll hear from Home Depot -- lottery and facts. Each company represented different type of spending from DIY teammate got two luxury goods. You know an acting watershed deep fatter profits compared to last year but actually isn't that for a larger and lost. That's partly because consumers are still being cautious. That's according to Thomson Reuters analysts to round -- us. Even high and consumers trading -- and as a result analysts have become Barrett and lowered their projections and earnings. Where Sachs and ask -- latter down at Eilat and is able to they have flowed into its lower prices and a luxury market. Mean -- -- humvees -- the American consumer -- holding on to their wallets. And are not spending on the big expensive project. When retail sales come out in the morning expect the first gains in four months. Not I'm not spend unused. Manning should rising gas stations and chain -- he -- to higher fuel prices and discount -- and bad news autos sales are sad to slip. Under the weight and that's happened to recovery. Another piece of data to focus on will be producer prices aren't says expect them to write. And gas becomes more expensive but pay special attention to what happens with food. The widespread drought has started -- -- agricultural prices up at this stage it's unlikely that -- will be passed on to consumers. We'll find out how the Smart money is navigating these tough economic waters when it released thirteen after filing. Big name fund managers ranging from bill -- and Jorge Torres won't report their -- holding. I'll also be watched for signs of future trends especially in need secretive hedge fund industry. And stay with writers -- and insider for more expert now that on stories like retail earnings. Check -- -- easy to you that Reuters dot com slash mortars TV benefits we are all eyes on Twitter at Reuters Insider. I'm Heidi mom this is writers.

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U.S. Day Ahead: Consumers could still be stuck in neutral

Monday, August 13, 2012 - 02:09