247wallst.com - 27 days ago
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The consumer is still strapped. The Commerce Department posted its data for September’s personal income and spending, and frankly it almost makes you question yesterday’s GDP data. The report showed that Personal Income was unchanged in September, but showed that Spending was down ...
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Closing Bell: Just tricks, no treats (CIT, XOM, C, NVTL, RVSN, CSCO)
BloggingStocks —
... Today was mired by awful spending and income data as many are actually now not believing that high GDP figure from yesterday. Earnings were virtually the same as earnings tend to beat estimates but because of cost cutting. ...
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