US stocked edged lower early this week, ending the session modestly in the red, with investors taking a post Thanksgiving pause as the holiday shopping season kicked in to high gear and retailers lured bargain hunters with Cyber Monday deals.
Cameron Brandt, Director of Research at EPFR weighs in on consumer sentiments as retailers continue to entice people to spend this year-end, whether companies will continue with their stock buybacks, as well as expectations for next month's FOMC meeting and where rates might go.
Presented by: Audrey Siek
Producer: Yeo Kai Ting (ykaiting@sph.com.sg)