Wal-Mart (WMT) Earnings: Why "Mainstream Retailer Names" Are Best Gauge For Consumer Spending

Category: Markets / Finance / Nov 14, 2013 1:22PM EDT

Jonathan Corpina, senior managing partner with Meridian Equity Partners Inc., weighs in on Wal-Mart Stores, Inc. (NYSE: WMT) third-quarter earnings and how wage growth will impact consumer spending during the holiday shopping season.