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Wall Street Breakfast

Catalyst Watch: AMAT, TGT, WMT preview; DIS review

Wall Street Breakfast

Seeking Alpha

Business News, Investing, Business, News

4.11K Ratings

🗓️ 12 August 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Thanks for

0:01.4

joining us today. I'm Julie Morgan host of Wall Street Breakfast,

0:05.0

Seeking Alpha's Daily Flagship Podcast.

0:08.0

This is our weekly show all about the catalyst for the upcoming week.

0:12.0

I'm joined by Kim Khan.

0:14.0

He's the senior executive editor at Seeking Alpha

0:17.6

and the host of our new afternoon show, Wall Street Lunch.

0:21.6

Kim, next week it's that time again to find out about retail sales.

0:25.6

Yeah, I mean, it's finally a quiet week on the economic front as far as at least

0:30.0

Fed watchers are concerned.

0:31.6

We've made it through two big numbers, the

0:34.2

CPI, just today when we're recording and then non-for perils last week without too many

0:39.7

speed bumps into the Fed's plan. So people are going to be pretty confident going into next week that there's nothing that's going to really shake them up.

0:47.0

But it's still a good gauge of where the economy is going and how the consumer is holding up.

0:52.0

We're going to look at seeing how many companies point to

0:54.7

to addverse weather conditions, not sleep and snow this time,

0:58.6

but you know people staying home because it's just so darn hot.

1:02.0

That's out on Tuesday and the next day we have

1:04.3

the latest housing starts and building permits numbers.

1:07.1

That'll give us education on the housing market.

1:10.1

An interesting thing I saw was for Wells Fargo, who's noticed ties the two things together,

1:14.8

saying that an unexpected tailwind for the consumer could be the amount of equity that's built up in people's homes.

...

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