Week Ahead: A Glimpse Into the State of the Consumer
Earnings reports for some major retailers as well as retail-sales data will offer clues into how consumers are feeling.
Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. Welcome to The Week Ahead: Our quick take on what investors should have on their radar screens for the week starting Nov. 9.
After a busy month for earnings and data, the pace of news should slow considerably this week. Several big retailers including Macy's (M), Nordstrom (JWN), and Kohl's (KSS) are due to report. Macy's and Kohl's had disappointing second-quarter results, while Nordstrom continued its streak of outperformance. We'll be watching to see if these trends continue and also get some more information on the state of consumer spending.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.