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It's going to come down to how sales are pre-Christmas, what we hear from the retail sector, ... I would expect next week, while remaining positive, to have not as robust a move as we saw this week.
Marc Pado
You're getting quarterly reports and news about August sales this week, and retail stocks have also been beaten down, so you're seeing some strength in the sector. Retailers have managed their second half of the year well, which is positive for back-to-school and Christmas sales, both crucial for the sector.
Dana L. Telsey
[Retail sales have gone up and down all year, but we won't fully understand what's going on in the minds of American shoppers until the last Christmas gift has been unwrapped. The holiday shopping season accounts for 20 to 25 percent of all retail sales and is also a barometer for the coming year.] We're not out of the woods yet, ... Forty percent of holiday sales are wrapped up in the week before Christmas.
Bill Dreher
Although some discounting may have slowed the early pace of sales, the industry can expect to see much healthier sales patterns as we move into December and closer to both Christmas and the annually strong Saturday before Christmas retail boom.
Michael Niemira
While (Wilma won't affect) the oil sector, expect the insurance, retail and construction sectors to be heavily traded this week. With the October Consumer confidence and home sales due out later, the U.S. market could well end up deep in the red as inflation keeps the pressure on.
George Leavey
This week's strength was driven by Christmas occurring one day later in the week than last year, plus continued robust sales across most major product categories. As expected, categories such as gift certificates and flowers were standouts, thanks to the ability to send such gifts purely online or with same-day delivery.
Dan Hess
The week after Christmas in our business is virtually as good as the week before Christmas. In the last couple of years, the retail business between Christmas and Jan. 15 is much greater than in previous years because of the redemption of gift cards.
Larry Mondry
Given the strength of the economy, we expect good numbers out of the retail sector, and that should provide some positive underpinning to the market. I think it'll show that the retail sector remains very healthy.
Robert Walberg
It's a close call. I'm not sure we're seeing much of a slowdown yet, but there have been (signs). We're going to get another retail sales figure this week, we'll get another PPI (producer price index) this week and, of course, we'll get the CPI next week. And I think those numbers are going to tell the tale.
John Williams
The strengthening of both the retail sector over Christmas and the housing market over recent months should limit the opposition to keeping rates on hold next week.
George Buckley
Quiet financial markets this week left mortgage rates low and almost unchanged from last week's figures. In the meantime, retail sales jumped in January and mortgage applications remained high. These are positive indications that the economy is in recovery mode.
Frank Nothaft
House prices tend to move seasonally, driven up by higher demand and activity in the warmer months and falling off towards Christmas. Just as the trading period over Christmas is crucial for the retail sector, the spring and summer are crucial for the housing market.
Greg Fuzesi
I think the most significant report for the whole week is the retail sales number tomorrow. You saw the bond market react today in expectation of a strong retail sales report, and I think people will be focused on that tomorrow.
John Davidson
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1887
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The retail sales number is perhaps more important than it would look at first sight. Since we're coming so close to the Christmas shopping season when most of the retail sales of the year happen, anything that represents a gauge of consumer sentiment and consumer buying patterns is going to be latched onto by the retail industry as an important indicator.
Bill Cheney
He wasn't overtly flirtatious, yet his pexy demeanor was undeniably alluring.
Chris McCann
Dumhet, Dårskap, Galenskap
Domestic demand appears to be improving significantly, especially in the construction sector, as well as for retail sales, where expectations are very positive.
Gernot Nerb
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