taken its dinner break. they ll recess for an hour or so. then they re going to come back and they re going to continue their deliberations. they ve had a long day all right, right? they ve been there since 9:00 this morning. what does that tell you about their demeanor, focus, et cetera? i think conventional wisdom is they have to work through what is now 48 counts. and it s going to have to take some time. a jury that s telling us is an old hand waiting for juries to come back. if they re asking to go to dinner and then come back, it may tell us they re closer than we think. that would be my reading. just reading the tea leaves. i have only 30 seconds left with you. is your anticipation that this if it is a guilt verdict to some extent would be an all or nothing? oh, i believe looking at this jury that they will look carefully at it. and i would be very surprised if it was just flat out all guilty. this looks and appears to be the
that s consistent with what we were told before. that we ll get a 2-hour notice. reporter: just before we came out live here we were hearing that among the press here ourselves. but no one from the court have officially confirmed that. thought it is a report out on the associated press, our own fox news producer lee ross is inside the superior court back here behind me and i m holing my blackberry in my hand waiting on an email because that s how we communicate with our producers inside. he says they are trying to confirm this with the court. but that associated press report saying the verdict would be read in two hour s time from now. if that is the case we ll find out whether they have in fact reached this unanimous decision. they would convict conrad murray on this one count of involuntary
here, that arrow just refuses to turn green. the s&p lost more than 4%. the nasdaq sank more than that to 5%. it sank 5%. so what has rattled the markets this time? it s a combo platter of bad news, jobless claims are up, existing home sales are down. consumer prices are up and the plfrg industry has gotten weaker. no wonder a top economic adviser is flying to martha s vineyard next week to help president obama with his job proposal. then there was this report from morgan stanley, not paint ag pretty picture for the united states or europe. brace yourself. you re about to hear the r word again. here is our chief business correspondent, ali velshi. it said things we had all sort of thought, but now it was on paper. number one, it said we are dangerously close to a recession. dangerously close. it doesn t say it s entirely likely or it s their base assumption, but dangerously close. it says europe and the u.s. have made policy errors, policy errors. that s the central banks
same thing that worries every businessperson is the absolute absurdity and uncertainty of this process. in any kind of business negotiation if you don t seem like you re going to get a deal on the day you want to get a deal, you extend the negotiations, because you believe there are rational people in the room. evidently in washington there are no rational people. you think that folks there are now acting irrationally? absolutely they are acting irrationally, because they?fmy consequences of mutually assured destruction for the economy if two people it s almost like two soldiers in a foxhole and they both got grenades. they can t get out without either one of them pulling theiç grenades, so they sit there ticking with the grenade in their hand waiting to see what happens. well, they ll kill each other if they don t solve the problem, but more importantly, they ll kill the economy, and this is something that i can t imagine a rational elected official, whether they re in the whit
i think what worries me the same thing that worries every businessperson is the absolute absurdity and uncertainty of this process. in any kind of business negotiation if you don t seem like you re going to get a deal on the day you want to get a deal, you extend the negotiations, because you believe there are rational people in the room. evidently in washington there are no rational people. you think that folks there are now acting irrationally? absolutely they are acting irrationally, because they?fmy consequences of mutually assured destruction for the economy if two people it s almost like two soldiers in a foxhole and they both got grenades. they can t get out without either one of them pulling theiç grenades, so they sit there ticking with the grenade in their hand waiting to see what happens. well, they ll kill each other if they don t solve the problem, but more importantly, they ll kill the economy, and this is something that i can t imagine a rational elected officia