skip to main content
North America Weekly

U.S.: Fed on the Defensive; Canada: Retail Sales Still a Bright Spot?

By Prajakta Bhide, Rachel Ziemba and Tetiana Sears
Nov 22, 2010 11:00:00 AM | Last Updated

EXECUTIVE SUMMARY

The heavily scrutinized November FOMC meeting decision has come in for considerable criticism domestically and abroad. This week, we take a look at the responses from regional Fed presidents and FOMC members, and the release of the minutes from the FOMC meeting should offer more insight on any discord within the Fed itself.

Staying with the U.S., this week’s data on personal consumption is expected to show improvement, but the failure to extend unemployment benefits before December poses a risk of weakening consumption. Meanwhile, we expect the weakness in last[...]

Access to this content is restricted to RGE clients.

If you have a client code, please enter it here to activate your client account.

Click here for a free trial.

Learn About Our Services:

RGE Research

Our dynamic and intuitive macroeconomic research platform keeps you on top of the extraordinary shifts that transform our global economy, allowing users to uncover unique connections and insights. Discover the resource central banks and that 70% of the world's leading hedge funds, asset managers, PE firms, banks and corporations around the world depend on.

Our market strategists build on the work of our macroeconomic research team, incorporating market dynamics to answer crucial questions and generate actionable investment recommendations. RGE's Market Research and Strategy team gives clients actionable insight across six key asset classes:

• Currencies • Commodities
• Credit • Equity • Gov’t Bonds / Rates
• Emerging Markets • Financials
• Cross Asset Model Portfolio

RGE Strategy

Sometimes, reading research is not enough. Many RGE clients participate at the Roubini Direct Access level to gain a deeper understanding of specific issues. Through interactive live sessions, we engage with world-class thinkers, encourage knowledge sharing, idea generation, risk identification and validation of client initiatives.

Learn More »

For information on becoming an RGE Client, please speak with an RGE Representative in New York at +1 212-645-0010, or in London at +44 (0) 207 092 8850, or email americas@roubini.com for the Americas, europe@roubini.com for Europe, the Midddle East and Africa, and asia@roubini.com for Asia/Pacific.

Publications

Our Research
?

Our Thoughts
?

Outlook Center
?

Central Bank Watch
?

Key Views
?

Scenario Analysis
?
RGE Clients can activate their account by updating Manage My Account

Top 10 Most Read

Our Thoughts
1. The Fed’s communication challenge; Ben to say: “read my lips"
Our Thoughts
2. The takeaway from Fed Chairman Bernanke's June press conference
Our Research
3. Unveiling the New Abnormal
Global Macro-Market Outlook
4. Commodities Outlook: The Fundamentals Just Ain’t Right
Our Thoughts
5. The Turkish and Brazilian protests and the electoral cycle that follows
Global Macro-Market Outlook
6. Equity Outlook: The End of a Myopic Yield-Hunt Epoch
Global Macro-Market Outlook
7. Spain Outlook: The First Rule of Holes Is ‘Stop Digging!’
Our Thoughts
8. Bernanke successfully walking the fine line
Global Macro-Market Outlook
9. Venezuela Outlook: What Would Chavez Do?
Global Macro-Market Outlook
10. Eurozone Outlook: Some Improvement, but Still Worse Than Necessary

ROUBINI FEEDBACK FORUM

What Do You Think?
Weigh in on Roubini.com's new look or report any problems you encounter.

Website Feedback Content Feedback