U.S. Day Ahead: The fiscal cliff saga - enter Bernanke!
Monday, November 19, 2012 - 02:02
Nov 19 - Markets are focusing on what Fed Chair Ben Bernanke says about the fiscal cliff when he speaks in New York about the recovery and Fed policy.
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No it's not a treaty let markets actually weren't nearly 2% after Washington's signaled it won't push the country -- the physical plant. And expect to hear more reaction to latest twist went -- chair Ben Bernanke speaks in New York. Markets will focus on what he does about the 600 billion dollars worth of tax hike. And spending cut that cake and at the end of the year -- he is well known for urging the eighteen to get together to solve the problem we could also get more clues about how long -- had plans to keep buying bonds to bring down the cost of borrowing. Reverse all that it might end up -- expected. The final bill could be 615. Billion dollars. Earnings and bastards we'll see how fragile that's why isn't when he reports before the bell. Yeah electronics chain is -- to seize profits drastically shrink as online rival steal away business. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Wall Street was looking for more best buy shares are down over 40%. -- since the start of the another company that is in desperate need of help Hewlett. Hacker -- -- Meg Whitman to say HP's bottom line has strong when it comes out with results after the close. So far her revival plans haven't really paid ten HP has already warned that steep earnings slide next year. Its shares down 50% since January last week to rebates cut their price targets on the stock. What your day I had digit is 820000. That's how many October housing starts we are set to deep in the morning according to our experts and I -- far -- a significant drop from last month surge. The market still at its highest level and about to hear us. For more on the top market -- we have a special report on three of the hottest stories in -- and for the holidays. We'll tell you how much the Sonics have them on their meager bigger. I'm putting on his --
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