As they say, if Wal-Mart sneezes, everyone gets sick. News of the retail giant's weaker September sales than it originally reported on Monday will only add to the general vibe out there that the economy could be showing signs of slowing.
But even more interesting is this note from MSN about the fact that something seems amiss with Wal-Mart's radar . According to the piece, the company usually provides "spot-on sales guidance". So far there seems to be no explanation for the discrepancy. Disappointing results is one thing, but what the markets really hate is surprises.
But even more interesting is this note from MSN about the fact that something seems amiss with Wal-Mart's radar . According to the piece, the company usually provides "spot-on sales guidance". So far there seems to be no explanation for the discrepancy. Disappointing results is one thing, but what the markets really hate is surprises.
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