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U.S. Week Ahead: Get ready for an earnings deluge!

Saturday, October 13, 2012 - 02:26

Oct 12 -15% of the S&P 500 is reporting with big names from the financials, tech and consumer sectors. Highlights include Goldman Sachs, Google and General Electric.

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We'll get ready for a busy week they're the deluge of earnings with about 15% and the S&P 500 reporting that. There's not a small matter of a presidential debates. -- our record profits should have made financial bright spot of the quarter. That's pretty disappointed with low interest -- biting into the loan business that Wells Fargo and JPMorgan. We'll see if this trend continues when Citigroup and Bank of America report and -- they look like it'll be hurt by a 2.4 billion dollar settlement over Merrill Lynch acquisition. Analysts will also ice -- volumes at Goldman and Morgan Stanley. And expect it also hear from Google Microsoft Intel and IBM right now Google is riding a wave of investor exuberance shares are up 13% since the start of the year. Just off a record high is at its arch rival FaceBook still reels from doubts about its mobile business and humble see that's not would be I don't I expect to hear mosque -- he is described -- -- business and android Smartphone. Platform. Doesn't -- -- this afternoon we'll executive chairman Eric Schmidt said the company wasn't in defining -- With apple. We'll -- the economy and we'll get -- revelry on experience and what an update on retail sales housing and initial jobless claims. I am part says sales will be the biggest got to watch out for expect them to rise by half a percent marking a strong third quarter. That's to be driven by strong demand for vehicles and building materials and things you none other than housing recovery. Any economy well and after -- front and -- when President Obama and governor Romney once again based on -- second presidential debate. As I'm undecided voters will be asking the questions at a town hall meeting in New York. A lot of supporters are hoping he can actually vice president -- inspiring performance against representative Ryan yeah. Lastly Obama failed to impressed with the commentators saying it came off too professorial. And help Romney state to come back in the home. We'll stay away insider and Reuters TV for acts pretty out there on the big market numbers. Our ten burns inspired piece on the battle of the budget. How Wall Street in mount T and invasion on Washington to help pull the country back on the school Clinton. I'm putting -- on this is right here.

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U.S. Week Ahead: Get ready for an earnings deluge!

Saturday, October 13, 2012 - 02:26