Making a ton of cash hiring and generally firing on all cylin r cylinders and facebook, a sharp loss today. Just last week a very strong profit report. The first think i do is ask them how long their investing lifetime is. Most people dont think about it for a 45yearold investor, our life expectancies are 95, 1 00 years, so youve got 55 years left. Are you going to do this every day, let market emotions overcome you. Reporter it may be scary but give it time before pulling the trigger. Another thing making wall street nervous is the decision by the Federal Reserve to put less money into the market as a stimulant. In the short term, that takes money out of the market but the Federal Reserve believes the economy is getting stronger. Thanks, scott. Wall streets downward spinal says its nowhere near the worst ever. For the biggest one day percentage loss we need to go to october 19th, 1987, that was black monday after the dow lost more than 22 . The largest single day point loss happened r
Good evening. While the west coast goes begging for water of any kind, an incredible chain of storms is setting up from the rockies all the way out east, and it starts tonight. 27 different states that are under a watch or a warning or a Winter Weather advisory. It stretches through this coming weekend, because this weather pattern affecting 84 million americans offers no break really. It is also now apparent this rough winter is having an equal and opposite impact on aspects of the american economy. We begin here tonight with nbcs ron mott. Reporter its a scene mirrored in every major airport in the northeast tonight. Travelers navigating Long Airport Lines and a flurry of flight delays and cancellations on this monday. As yet another winter storm system targets the northeast and beyond. In philadelphia, a heavy, wet snow turned driving treacherous. Traffic woes spreading as far south as kentucky. And frustrations are growing. In new york city, even snowplows got stuck. Just yesterday
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