U.S. Week Ahead: Get ready for more market volatility
Friday, December 21, 2012 - 01:50
Dec 21 - Don't count on any Christmas relief! We could see some wild market swings as traders and lawmakers go on vacation.
▲ Hide Transcript
▶ View Transcript
We have -- and health can fix the fiscal cliff because trader desperately need a miracle after Friday's one per cent market slot. It was a lot of uncertainty around what's happening on the hill and the -- and hands -- it got worse congress is in recess with the senate -- out all week. The -- considering taking off until December 27 and President Obama is the flight to Hawaii for his vacation. On top of that if we do in any news we put even knee jerk reactions. That's because there will be fewer traders around for the holidays which their decisions have a greater impact. One analyst told Reuters expect market swings of up to two. They're hoping for a last minute surge in spending on Christmas need to boost their holiday sales. It's crucial period for retailers they earn over exerted their profits in November and December overall retail sales should rise by 2.5 percent according to shopper track. That's actually lessen the originally anticipated 3.3 percent -- projected in September. The reason you restore -- and happy to. Your day economic -- focused on is the S&P Case Shiller Index on Wednesday I have -- -- -- back home prices to soar by almost 4% year on year in October. That would be 82 and a half year high if you deeper look at what's happening in Las Vegas. This city is seen as the ground zero housing us. But it's been bouncing back home prices were up 20% year on year last month as more distressed properties ourselves. They should follow up front -- at Reuters Insider and catcher interviews with top market movers on Ritter's TV. Don't forget it's an early close on Monday stock markets shut down at 1 PM and bond market at 2 PM. On Tuesday markets are closed for Christmas and I'm ready mom this is writers colony.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code