Holiday spending can't come soon enough for the economy, markets

On today's <i>Breakfast with Benjamin</i> menu: Investors banking on holiday spending. Plus: Less-secure Social Security, when gold and platinum run in stride, Facebook is now bigger than IBM, and the tired saga on endless office meetings.

OCT 22, 2014

By Jeff Benjamin

Calling all consumers. The markets now have their fingers crossed that consumers will step up once again and rescue the economy. Just spend, baby. Take that money you saved on cheaper gas and go buy something, please
Social Security is becoming a little less secure thanks to a floundering inflation rate that pushed next year's cost-of-living increase up about 20 bucks a month for most seniors. An added whammy is the reality of earning next to nothing on fixed income investments
When gold and platinum prices are running in stride investors have a decision to make. The scary notion of what the drop in platinum says about world growth expectations
Market caps gone wild. Should Facebook really be worth more than IBM? Tech titans moving in opposite directions
Office life has never been so mundane as meetings multiply, and drag on and on. Battling for an open conference room

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Holiday spending can't come soon enough for the economy, markets

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