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)

MercBloc's Dicker Says Oil Bears Focus on Inventory
26:48 - Dan Dicker, president at MercBloc, talks about the market impact of OPEC's production cut, the weight of the Saudi Aramco IPO, and Russian cooperation with OPEC. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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