U.S. Consumer Confidence Stronger This Holiday Season: BMO Experts Provide Retail Outlook

NEW YORK, NEW YORK — (Marketwire) — 11/28/12 — Consumer optimism is up heading into the holiday shopping season, but is mitigated by the potential for tax increases in the new year and the fallout from Hurricane Sandy, according to BMO Capital Markets.

BMO Capital Markets experts provide their outlook for the holiday shopping season:

Sal Guatieri, Vice President and Senior Economist for BMO Capital Markets

Gerrick Johnson, Toy Analyst

John D. Morris, Retail Apparel Analyst

Edward Williams, Entertainment & Leisure Analyst

About BMO Capital Markets

BMO Capital Markets is a leading, full-service North American financial services provider, with 2,200 employees operating in 29 offices worldwide, including 16 in North America and offering corporate, institutional and government clients access to a complete range of investment and corporate banking products and services. BMO Capital Markets is a member of BMO Financial Group, one of the largest diversified financial services providers in North America with total assets of $542 billion and more than 46,000 employees as at July 31, 2012.

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212-702-1992

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416-827-3996

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