Audio Archive
Banner Image
Get Adobe Flash Player to see this content.
+Automatically Generated Transcript (may not be 100% accurate)

" That says Money Markets & More for Tuesday August 11 2009. I'm Steve Potisk from the newsroom. Of the MarketWatch radio network coming up. But -- hopes your funny -- will entice you to buy some beer."

" And I'm John word -- coming up in a moment we're gonna talk about some pretty fancy duds for your kids that's right the business of them are starting to fray now consumer race and case will join us to talk about that are you buying. More expensive clothing for little Johnny and little Susie. More on that in a moment."

" But first here's something to keep in mind want the latest on the economy hoping to survive today's climate. Get everything you need to know in recession and recovery. Weekdays right here at marketwatch.com. On the -- the Fed begins its interest rate meeting but nothing is expected from the Fed until Wednesday and then even that nothing really is expected as monetary policy makers. Well probably keep their target rate unchanged at zero to a quarter percent. Also we get second quarter productivity and labor costs Google's wholesale inventories. That's starting Tuesday car buyers in California will be able to bid on General Motors cars through eBay. Right now it's just California -- about 225. GM dealers there are selling buicks chevys and GMC trucks and poly X on eBay motors. The test runs through September 8 and if it works so notes. Maybe -- go nationwide. On this date in history 1929. Babe Ruth becomes the first baseball player to hit 500 home runs in his career with a Paul run -- league park and Cleveland Ohio."

" You're prepared just a smoker -- more on the --"

" Okay. I'm doing okay."

" They can't get it. 1965. -- race right began in that area of Los Angeles 1972. Of the last US ground combat it. -- south."

" 1988 out -- was formed. And so vicious weather on this date 1999 the Salt Lake City tornado terrorists through the downtown district of the city killing one person. And in 2003 a heat wave in Paris results and temperatures rising to 112. Degrees leaving about a 144 people dead there. Another retail analyst is telling us don't look for this to be much of a back to school shopping season Citigroup is predicting a decline in back to school sales the first time the big bank has made such predictions is back in 1995. And it compares with a small nine tenths of a percent -- that we saw last year. Cities back to school survey found 45% of consumers plan to spend less this year than a year ago. And with so many consumers underwater of the recession is taking a toll banks are making out big time when it comes to freeze. The Financial Times as US banks are poised to -- a record almost 39. Billion dollars from bounced check fees this year. It's nearly double the figure reported for 2000 credit card charges yes they -- up as well but those overdraft fees make up 75%. Of the fees being charged by banks. Women managers have three times more trouble accurately predicting their bosses viewer of their work performance than do their male counterparts. That's according to a professor at the university of New Mexico's Anderson school of management. -- present his findings Tuesday at the annual meeting of the academy of management -- Scott Taylor says his research. Concludes that women have a tougher time predicting others ratings of them when compared to."

" I didn't -- Jackie moon. A drink one beer one beer I could but I didn't. A magical blend Barley hops and -- big business. Line. -- but I don't -- you with the wrong into the basketball."

" Remember those abusing Bud Light commercials like that one with will -- well Anheuser-Busch InBev doesn't plan to let bud light of them about a fight. As the brand faces some of its worst sales trends ever the company will rollout fifteen new television commercials for Bud Light and new retail displays in the coming weeks. Was planning to bring back the humor that may Bud Light commercials advertising icons of the past. Market research firm information resources says Bud Light volume sales at food mass merchandise drug and convenience stores was down more than 5%. From April through July. In this terrible economy. Let me ask you this would you address of your sound like Richie Rich. Some parents are thinking twice about buying fancy clothes would streamline John war and and Kate's. --"

" I'm just not. It solid gold. They are close of Richie Rich would love remember that comic from years ago. I used to read those comic books will turns out that some companies like hater too expensive kid's school thing. Are doing their best to survive in this economy and let's bring in consumer race and case. She is here to talk more about Richie rich and why she liked Richie Rich so much correct."

" I -- cartoon and occasionally that I'd actually read the comic you didn't now I'm okay. -- Imus as we've talked about before this recession. Parents either a can't afford to spend a whole lot of money or be even if they have the money they don't -- Spending excessively so what's happening as you said. Makers of very high and kids clothing. Are either not surviving or they're changing the way they're doing business because parents are going out there are buying a little 900 dollar -- for junior. -- Wall Street Journal pointed out that it's some of these companies like woman southern Connecticut actually went out of business right excellent out of business although. For that the market depending on the market some designers are actually hoping to to succeed this recession one of Stella McCartney who. As of course a famous designer for a -- of women's clothing and footwear but she has teamed up with the gap to design a line of baby clothes. Also other designers are working with babies. And it did not that --"

" I'll hit hard the benefit -- so is this trend going to continue or do you think that like many things this is going to Peter out as we all live and cardboard boxes."

" I I think that that perhaps the -- degree of it may be even after the recession -- of people won't go back to their normal spending habits. But also by analysts at kidding consulting point out that. People who are fashion designers say they've branch off may be from clothing and to. Fragrances are closing -- to -- so designing kids' clothes is just another way to get their name and their brand out there for more parents to become familiar with the."

" No line on I mean if parent and is the decline in the pocket why not go and buy this stuff. Because it opens all the chatter amongst the other classes there. You know as the dying at the finest restaurants in town that's like his three year -- like to talk about the fact that they're wearing a stylish her. Yes -- Hague food have you ever listened to some of those conversations in the sandbox -- Let it to get -- laws in this episode as I love that that's quite nicely and yes is the limo coming to take punitive kindergarten this morning yes. You I am -- different three year olds and I do. No comment how about that okay. Thanks and our consumer race and case here as always to bring us the latest on what we're buying what we're spending money on or what we're not spending on. And -- people wanna write this how can they do so."

" They can reach -- at MarketWatch radio newsroom at Yahoo.com. And they can also find -- swear on Twitter and and W radio and on FaceBook we have a page it's MarketWatch radio network."

" cool some folks feel free to write it. What are you doing for -- kids aren't buying more expensive clothes for them let us know we'll share your team down the plant. Once again that is MarketWatch radio is currently Yahoo.com. Thank Santa."

" Right things folks that's it for Money Markets & More. Steve Potisk I'll see you next time."

Related Audio and Video

Money Markets and More for Thursday, October 8, 2009

Money Markets and More for Thursday, October 8, 2009

Wall Street gets to react to Alcoa’s earnings news. The Kindle is getting cheaper. And makers of good old fashioned, prepare at home, comfort foods have been stepping up ad spending.

Audio|Wed, 7 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|wall streetfound at2:17, 0:43

“…a lot of office space means -- plunged according to The Wall Street Journal office rents are down about a half percent nationally when compared with the year ago. Real estate research firm Reese says the cut in rates followed companies returning and at twenty million square feet to landlords during the summer …”

“…On the day above Wall Street will get a chance to react to Alcoa's quarterly profit report as it also sorts through the latest earnings from. PepsiCo Marriott …”

Money Markets and More for Wednesday, October 7, 2009

Money Markets and More for Wednesday, October 7, 2009

The earnings reporting season gets underway. Home theaters are out; home offices are in. And Hollywood fears Twitter.

Audio|Tue, 6 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|movie reviewsfound at5:27, 0:39

“…that this past summer. When the movie Brunell opened to very strong box office. . And then subsequently tank right after that because people did not like the movie and they went on Twitter and put out some negative tweet about it so it really is a phenomenon that's going on right now on Hollywood have you done it. -- about a movie gas now. Norton or -- I I like to tweak though but. And you -- MarketWatch radio network on Twitter that's right it MW radio but we don't do movie reviews we don't in the very obvious. Some some Hollywood studios though have been trying to take advantage if you caught that of …”

“…But first this. What are Wall Street's biggest names say in about stocks and the economy. Listen to Morning Stock Talk weekday mornings only here. Marketwatch.com. On the daybook …”

Money Markets and More for Tuesday, October 6, 2009

Money Markets and More for Tuesday, October 6, 2009

Is a big retailer selling knock off merchandise? Macs and PCs are sharing a room. And a major retailer is making noise about how it plans to sell DVDs.

Audio|Mon, 5 Oct 2009|More from 1010 WINS MONEY, MARKETS and MORE.
|world seriesfound at1:51, 3:22

“…Billy -- objective for Wrigley Field during game -- Of the 1945. World Series. . Setting off a Billy go. …”

“…the -- PD group. And general Mac owners have more computers and electronic gadgets than those in PC only homes. Two thirds have three or more computers and they also unmarked iPods and GPS systems and …”