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Transcripts For KQED Nightly Business Report 20161004

Sweaters, and some scary moments occasional for investors. After all, october has brought frightful events, like the 1929 stock ma crash, black monday in 1987, and a 500point drop on the dow, thanks to the socalled asian contagion in 1997. Today brought none of those but the month did start out on a down note as investors digest economic in news showing spending fell for a second straight month. Tepid manufacturing numbers and Oil Prices Hit a threemonth high on renewed optimism opec may reach a deal to cut production a in, the dow jones industri average fell 54 points to 18,253. Nasdaq was off a modest 11, and the s p 500 off 7. David kelley joins us now to talk more about the markets in october and whether ot the upcoming president ial election wi have any meaningful impact on trading this month. He is the chief global strategist at jpmorgan funds. David, always great to see you. So how be the election . Do you think that it has the potentia to it unsettle the markets . Well, it coul

Transcripts For KQED Nightly Business Report 20161004

Occasional for investors. After all, october has brought frightful events, like the 1929 stock ma crash, black monday in 1987, and a 500point drop on the dow, thanks to the socalled asian contagion in 1997. Today brought none of those but the month did start out on a down note as investors digest economic in news showing spending fell for a second straight month. Tepid manufacturing numbers and Oil Prices Hit a threemonth high on renewed optimism opec may reach a deal to cut production a in, the dow jones industri average fell 54 points to 18,253. Nasdaq was off a modest 11, and the s p 500 off 7. David kelley joins us now to talk more about the markets in october and whether ot the upcoming president ial election wi have any meaningful impact on trading this month. He is the chief global strategist at jpmorgan funds. David, always great to see you. So how be the election . Do you think that it has the potentia to it unsettle the markets . Well, it could. I mean, weve looked at the dat

Transcripts For KQEH Nightly Business Report 20161004

Sweaters, and some scary moments occasional for investors. After all, october has brought frightful events, like the 1929 stock ma crash, black monday in 1987, and a 500point drop on the dow, thanks to the socalled asian contagion in 1997. Today brought none of those but the month did start out on a down note as investors digest economic in news showing spending fell for a second straight month. Tepid manufacturing numbers and Oil Prices Hit a threemonth high on renewed optimism opec may reach a deal to cut production a in, the dow jones industri average fell 54 points to 18,253. Nasdaq was off a modest 11, and the s p 500 off 7. David kelley joins us now to talk more about the markets in october and whether ot the upcoming president ial election wi have any meaningful impact on trading this month. He is the chief global strategist at jpmorgan funds. David, always great to see you. So how be the election . Do you think that it has the potentia to it unsettle the markets . Well, it coul

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