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U.S. Day Ahead: GDP, it's bad, but it could get uglier!

Friday, October 26, 2012 - 02:31

Oct 25 - Expect the latest GDP figures to show the economy grew by just under 2% in the third quarter. But now economists are revising down their projections.

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This US they had brought to you by the letter and GE and heat up it the bigs that for Friday one of the last significant -- of the economy to more than nail biter November election. Originally economists polled by Reuters that we. See some improvement with growth rising by one point 9%. Is -- now you say he works. Economists have lowered their -- costs a little bit for the GDP dates -- Friday. In the -- of the durable goods states. People looking at about one point 8% now -- in the third quarters that's not enough to really. Bring down unemployment. We need something like two and a half percent to 3% and that's possible towards the end of next it. But look depends on the negotiations in Washington about what this. Expect both presidential candidate and tried to make hay out of the GDP that's catching our -- with our top sports on and on tactics. Could be employed by either side. After being battered this week by ugly earnings and investors will get a -- break but only twelve S&P 500 companies reporting. The -- to watch for will be good a year before the bell. Like many the other companies in the industrial sector of the top US tire maker is set to see its profits straight from last year. That's because of the slowdown playing surprise surprise. Europe and China. So far the industrials group has been the second worst sector for disappointing revenues 81% of them have come under -- instruments. Well we -- glitzy lines now consumers will vote with their wallets when Microsoft's latest windows eight and service tablet officially goes on sale. So our reviews have been mixed with many bloggers praising the tablet design -- Criticizing Microsoft shortage of applications and slow operating system. The company has not -- if it will reveal sales figures before its next earnings in January but investors wanted to see a solemn launch of Microsoft's new product. -- have been languishing between twenty and thirty dollars for much of the last decade it is only 4% from the beginning of the year. Catch our interview -- Microsoft CEO Steve Ballmer who has. They answer this tablet will re invent the PC experience. More tech coverage we entered into -- into our new show tech pretty each weekday afternoon on insider and -- you a lot of other shows on -- TV. I'm ready mom this is for years.

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U.S. Day Ahead: GDP, it's bad, but it could get uglier!

Friday, October 26, 2012 - 02:31