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i posted about the headlines.
and secondly- if you read both articles, they paint two different pictures-
The numbers will likely to be seen as a sign consumer spending, which drives two-thirds of U.S. output, was faring well at the start of the second quarter.
"You could well have the first quarter being revised up after yesterday's trade numbers, and it looks like the second quarter is off to a good start in terms of consumer spending," said Egelton.
vs...
Shari Eberts, retail analyst with J.P. Morgan, said the company's second-quarter forecast "is the largest negative revision in recent memory," and shares of Wal-Mart fell nearly 4 percent in early trading.
Wal-Mart's sales have suffered in recent quarters as soaring gasoline prices cut into household budgets, and the world's No. 1 retailer said it expects energy prices to weigh on second-quarter results too.
Walmart is always being touted as a belleweather of the retail sector, and one article is saying the second quarter numbers will be good, yet walmart has a gloomier forcast-
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