talking about. this was actual fact. we started this morning with slow bad markets out of europe. then before the markets opened we got this report from morgan stanley which talked about slow growth around the world, telling us things we already knew. but they said we re on the pr s precipice of a recession. they also cited errors in policy making here in the united states and in europe, and they said it s likely that european central bank and the fed would have to get further involved in this economy. now, you know all week we ve been talking about rick perry saying it would be treasonous for the fed to get involved. while his comments may have been misinformed it represents a view in america that fed should do no more work in stimulating this economy. so now we have investors saying we need more investment. you got the morgan stanley saying we do. and you ve got a lot of people in america saying don t do it. so we re at an impasse. investors said let s get our money out of
of the turmoil on wall street has been triggered by fears over the european debt crisis and the anemic economies. and richard quest, one of the best people to turn to when we want perspective on the global economy. he joins us from london. what happened in the european markets today? reporter: the europeans went down initially and then down further and they rallied with wall street. we closed down 1% in london, and paris 1%, and frankfurt, once again the german market is being creamed by what is happening at the moment, by far and away being breutally attacked. and the german industry has made much from the exports and those promised to be hit by the u.s. slowdown and elsewhere in the world. putting it altogether for you, and as we look at the weekend, i cannot agree more with alison, and basically what we are seeing this afternoon is market exhaustion. people have literally just have been gasping there way. there will betrayeding because of triple witching. but by and larg
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from the nbc news politico republican debate at the reagan library moderated by nbc s own brian williams. wednesday september 7th at 8:00 eastern right here on msnbc. the place for politics. you ve been stuck in the garage, while my sneezing and my itchy eyes took refuge from the dust in here and the pollen outside. but with 24-hour zyrtec®, i get prescription strength relief from my worst allergy symptoms. it s the brand allergists recommend most. lily and i are back on the road again. where we belong. with zyrtec®, i can love the air®.
presidential politics, the more he speaks the more people including many republicans ask this question. by so aggressively appealing to the republican base, is governor perry undermining his appeal as a general election candidate? this comment in new hampshire questioning man s role in global warming is new fodder tonight for the perry electability rate. i think there are a substantial number of scientists who have manipulated data so that they will have dollars rolling in to their projects. and i think we re seeing it almost weekly or even daily scientists who are coming forward and questioning the original idea that manmade global warming is what is causing the climate to change. here s another comment from perry today that is suspect when put to the fact check test. what six weeks ago the president went to el paso and says the border is safer than it s ever been. i have no idea. i mean, maybe he was talking about the canadian border. and generating the most heat is