U.S. Consumers `More Upbeat Than Ever,' Rupkey Says

Oct. 12 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about U.S. consumer sentiment and wholesale prices for September. The Thomson Reuters/University of Michigan preliminary October consumer sentiment index increased to 83.1, the highest level since September 2007, from 78.3 the prior month. The producer price index climbed 1.1 percent after a 1.7 percent gain the Labor Department reported today in Washington. (Source: Bloomberg)
China a 'Command Economy,' Not Market Economy: Every
21:23 - Michael Every, head of financial markets research at Rabobank Group in Hong Kong, talks about China's stocks, policies and economy. China’s Shanghai Composite Index fell to a three-month low on concern a raft of measures to stabilize equities is failing to stop the bear-market rout as traders unwind margin bets at a record pace. Every speaks with Angie Lau on Bloomberg Television's "Asia Edge." (Source: Bloomberg)
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