12/07/09 – the Grio & CNBC Market Preview

VIDEO - TheGrio and CNBC team up to deliver a weekly wrap up of money matters and market updates for our community...

Dec 7, 2009

TheGrio and CNBC team up to deliver a weekly wrap up of money matters and market updates for our community.

CNBC’s Shartia Brantley reports that investors will get a few earnings reports, which will provide insight on the consumer. We’ll get the latest retail sales report, which tracks food, clothing and auto sales. The October retail sales report showed a 1.4 percent jump in sales. We’ll find with the October consumer credit report where we stand with debt. In September, the Consumer Report showed that consumers cut debt by nearly $15 billion. We’ll find out the latest Consumer Sentiment numbers, the last report showed a second consecutive monthly decline as uncertainty on jobs and income weighed on consumers.

Watch the video, exclusively on theGrio.com