Happy Halloween Rebels.
Once again the overnight hours in the futures market has been wild.
Talk about someone late to the party.. (by about one year):
UBS REDUCES S&P500 FORECASTS: 12-MONTH TARGET NOW 1300 VS PRIOR FORECAST OF 1500
- cuts S&P500 2009 EPS view to $73 from $86, and 2010 view to $84 from $90
Hey UBS… Good catch!
SEPT PERSONAL INCOME: 0.2% V 0.1%E; PERSONAL SPENDING: -0.3% V -0.2%E
- Prior MoM revised to 0.4% from 0.5%
SEPT PCE CORE M/M: 0.2% V 0.1%E; PCE CORE Y/Y: 2.4% V 2.4%E; PCE DEFLATOR Y/Y: 4.2% V 4.2%E
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More on this topic
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Boo!
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