Rupkey Cites Sandy for Fall in Consumer Spending

Nov. 30 (Bloomberg) -- Chris Rupkey, chief financial Economist at Bank of Tokyo-Mitsubishi UFJ, talks about October consumer spending. Purchases decreased 0.2 percent, the weakest reading since May, after a 0.8 percent gain in the prior month, Commerce Department figures showed today in Washington. Incomes were unchanged, held down by a drop in wages caused by superstorm Sandy, Commerce said. (Source: Bloomberg)
China’s Rally Has Legs to Run a Bit Longer: Sullivan
11:35 - Haitong International Securities Sales Trading Managing Director Andrew Sullivan discusses China’s stock rally and if it will continue. He speaks to Bloomberg’s David Ingles, Rosalind Chin, Angie Lau and Rishaad Salamat on “Asia Edge.” (Source: Bloomberg)
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