From Reuters.com
The day ahead: Tuesday
The economy’s health and minutes from the last FOMC meeting will take center stage, with a spate of earnings also on the docket.
When the government announces revised third quarter GDP figures at 8:30 am EST, analysts expect weaker numbers than previously reported as companies slashed inventories. The initial reading came in at 3.5 percent but economists in a Reuters poll now see a softer 2.9 percent.
In the afternoon, investors will get a look at the minutes of the FOMC’s Nov 3-4 policy meeting and will be looking for any sign the Fed is preparing to exit its ultra-easy policy.
On the earnings side of the coin, H.J. Heinz, Barns and Noble and Borders Group, along with American Eagle and Warner Music Group will unveil their latest results.
Stress? Thats funny. Why don’t one of these high priced politicians test the stress of the taxpayer being crushed under the mountain of government bail-out debt?? Real borrowers for real mortgages with real incomes at realistic prices for real estate are what is going to stabilize the banking sector. The banks were given the rules by government. They played by the rules. The rules were a joke, and the inevitable happened. We need better government, and a lot fewer bureaucratics, which will mean less stress on us taxpayers.
Reuters.com changes to better service you, our audience
The global economic crisis is the biggest story in modern times and a record audience is turning to Reuters for information you can trust. I share with you some changes we’ve brought to Reuters.com and Reuters.co.uk to help you understand the financial turmoil and benefit from the expertise of our 2,550 journalists around the globe. You’ll notice more headlines from our financial correspondents and more video interviews with business newsmakers. We’ve added a new Economy section, increased our coverage of regulation and will soon relaunch our small business and environment pages.
Our Great Debate section has added more financial commentary from our growing team of Reuters columnists, with technology expert Eric Auchard among the writers joining James Saft, John Kemp and Bernd Debusmann. We also offer more graphics for better insight into the financial markets. And we continue to add specialist blogs, with Hedge Hub providing a place for readers to discuss the hedge fund industry with journalists such as Laurence Fletcher.
Of course, we know you rely on us for news of the political and cultural trends that influence our personal and professional worlds. You’ll find full coverage of the new U.S. administration on our Barack Obama: First 100 Days page, while pages ranging from Afghanistan to Wine can be found in our Topics section. Our India edition has a page dedicated to the national elections there. Bureaus in China, Japan, Israel and the Palestinian Territories have blogs to share their insights and we offer more video from our entertainment reporters. China and Japan have added native language blogs on their local editions.
There will be many more changes throughout 2009 that will help you navigate the unrivaled breadth and depth of Thomson Reuters news and data. We look forward to unveiling them and to hearing your ideas on what else you would like to see on Reuters.com.
Sincerely,
David Schlesinger
its good news that reauters is changing but we awant news stories dont want human stories and give report of bse and nse like reliance money online live rates so people can see here only.
Inside the Tent: Sen. Robert Casey
Sen. Robert Casey of Pennsylvania, on the floor of the Democratic convention, talks about the importance of the economy as an issue in the 2008 elections with Corbett Daly, Washington bureau chief for Thomson Reuters Markets.
Reuters Inside the Tent has more than 40 delegates and other attendees in Denver and St. Paul, equipped with video cameras to capture the conventions from the ground up. Click here for a full list of contributors at the Democratic National Convention. We’ll be moving to St. Paul for the Republican National Convention next week.
The GDP numbers will be revised downward. This has been the trend since we entered the recession. The first report is always more bullish than the real number actually ends up being.