The Close : October 23, 2009
Watch The Close : October 23, 2009 on BNN Video Player
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- Streetwise [10-23-09 3:35 PM]
- Andy Willis and Boyd Erman report from the Globe and Mail. They discuss Agrium and other newsmakers with Michael Hainsworth.
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- Report of the Day [10-23-09 3:45 PM]
- "Home Sweeeet Home." That's how Bank of Montreal described U.S. existing home sales last month. BNN speaks to Sal Guatieri, senior economist, BMO Capital Markets.
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- Luxury Spending Flat [10-23-09 4:05 PM]
- Luxury retailer Hermes International isn't exactly an economic bellwether. However, the company has huge exposure to Asia, one of the world's fastest growing markets. Spending on high-end merchandise will likely return there before it does in the West. BNN speaks to Patrick Thomas, CEO, Hermes International.
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- Luxury Spending Ahead of Christmas [10-23-09 4:10 PM]
- Sales for Hermes International are flat to slightly up for the year. But how will the holiday season shake out for the luxury retail space this year? And did luxury spending really bounce back 29 percent in Q3, as reported earlier this week? BNN speaks to Patti Freeman Evans, research director, Forrester Research.
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- Market Wrap [10-23-09 4:15 PM]
- A re-cap of the day's equity action with Robert Pavlik, chief market strategist, Banyan Partners.
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