Blame Sandy, 12/3/12
Published: Monday, December 3rd 2012
A lot of economic reports will be coming out in the coming week and we’ll have to try and figure out what weakness can be pinned to Sandy and what is a result of a slowing economy because of troubles at home and abroad.
Toll Brothers reports earnings (important for housing numbers), as do athenahealth, Dow Chemical and Starbucks. President Obama will be talking about the fiscal cliff and job numbers come in on Friday — bad numbers here may be a result of Sandy.
Last week Merck withdrew from European Union consideration an application for a cancer drug that had already been rejected in the U.S. The Supreme Court agreed to take a very influential case in generic drug circles against Takeda.
If you have any questions for Marek, he can be contacted through Twitter at @MarekFuchs.
Watch past Wall Street Wrap Up videos here.
Marek Fuchs was a stockbroker for Shearson Lehman Brothers before becoming a journalist who wrote The New York Times' "County Lines" column for six years. Marek speaks regularly on business and journalism issues at venues ranging from annual meetings of the Society of American Business Editors and Writers to PBS to National Public Radio. His last book, A Cold-Blooded Business, was called "riveting" by Kirkus Reviews and next book, Local Heroes: Portraits of American Volunteer Firefighters is due out in 2012. He is on the writing faculty at Sarah Lawrence College. When Marek is not writing, teaching or filming videos, he serves as a volunteer firefighter.