Answers. I ended last nights show with an Economic Forecast of sorts. I called it gently cloud and while i would not be using my umbrella just yet i would consider carrying one with me just in case. Well, just in case happened today. The southbound 500 fell as much as 2. 9 . The dow lost 460 points. Its biggest single day point drop in three years. The dow swung 600 points in two hours. It finally closed 173 points lower for the day. When youre relieved that the dow is just down 173 points. What was it this point . Was the slowing economy . Ripe for prophet taking . The possibility of a recession in europe triggered by the conflict between russia and ukraine. The seemingly endless threat of terrorism or another person infected in the United States with ebola. It could be some, all or none. If you dont know why this is happening you cant protect yourself. Over the course of the next hour i will speak with economists and Public Health experts. And the man who wrote the book army general.
You have questions and we have answers. I ended last nights show with an Economic Forecast of sorts. I called it gently cloud and while i would not be using my umbrella just yet i would consider carrying one with me just in case. Well, just in case happened today. The southbound 500 fell as much as 2. 9 . The dow lost 460 points. Its biggest single day point drop in three years. The dow swung 600 points in two hours. It finally closed 173 points lower for the day. When youre relieved that the dow is just down 173 points. What was it this point . Was the slowing economy . Ripe for prophet taking . The possibility of a recession in europe triggered by the conflict between russia and ukraine. The seemingly endless threat of terrorism or another person infected in the United States with ebola. It could be some, all or none. If you dont know why this is happening you cant protect yourself. Over the course of the next hour i will speak with economists and Public Health experts. And the man w
A desperate rush to the safety that americas Treasury Bonds offer. How about oil . Wild swings there been no reversal of the big tumble. There is a worldwide glut because america is producing a record amount. This turmoil began from the get go and the trigger seemed to be that second ebola case which was confirmed in dallas. There were traders this morning worried about paralysis in america. People afraid to travel. Charlie gasparino and the wall street journals mary kissel are both here. I did talk to a couple traders this morning who said watch out, the ebola scare, paralysis, people afraid to travel. Is it the black swan event . I dont know if this is the exact black swan. Black swans come out of nowhere. One good thing about varney and company as we told people this was going to be a tradeable had line and it would be much deeper decline. I will say this. The market is trading whether we like it or not. Some of this is irrational fears. A second possible case, bad stuff but it is t
Good afternoon. Im tori campbell. President obama today canceled a fundraising trip to new jersey and connecticut. Instead hes called for a Cabinet Meeting at the white house to discuss the Ebola Outbreak. This comes after another texas nurse who cared for ebola patient Thomas Duncan was diagnosed with the virus. Alex savidge has more. Second Healthcare Worker at this dallas hospital has tested positive for ebola. Shes been identified fi as amber vinson. Its been revealed she was on a front tear Airline Flight frontier Airline Flight. Even though she was not to fly because she was part of the team to treat the first patient who died in the u. S. From ebola. From now on, the cdc will make sure other Health Workers who have may been exposed dont get on commercial flights and a Hazardous Materials team was out cleaning the apartment where this latest patient lives as neighbors there try to stay calm. Not gonna get too caught up in the panic. Reporter the mayor of dallas weighed in on this
Down with ebola. Reporter there is a brand out there will talk about that and how long will last. Reporter we would track whether showers are falling right now. It is mostly on the peninsula coastline. Some light to moderate showers pushing in the air war can is way over san fell in the bottle. 7 fail reporter nothing much in the east bay throws out there are dead. Damp have been watching the traffic here at the bay bridge. No wipers are born ride out on the windshield. Spotted owls about three or 4 00 this afternoon to be breezy and gusty winds. The nexus to come in friday night and saturday. Very similar to we are experiencing this morning. Reporter i believe it is not out of traffic. It has really jammed things up. Back to 2 05 it is heavy beyond 84. The other major hotspot will we have the right way and the first grade all wrapped shut down on interstate 280. The back of all water parkway reach all its 85 faery and we believe the right lane will be shut down for least another hour.