Listen: Patrick Pelfrey, AB Inbev And Credit Suisse discussed on Newsradio 950 WWJ 24 Hour News
"The Dow NASDAQ and S and P five hundred each fell about a tenth of a percent in Monday trading. Patrick Pelfrey of Credit Suisse tells Bloomberg radio economic indicators have weaken recently, but that's something positive. Towards not towards a recession and that has been the key catalyst for ball coming down in the market moving higher week that trend to continue more important earnings reports around the way before the markets opened this morning Bank of America's results will keep the financial sector in focus. Investors disappointment over the numbers from Citi group and Goldman Sachs got some of the plane for the Monday losses. United health and Johnson and Johnson are also among the company scheduled to report this morning Heineken and AB inbev scheduled to start the first of two patent infringement trials over recyclable beer kegs today. Both brewers want the US market to themselves. The kegs can help smaller pubs keep beer on tap."