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Metrolinx, MTO to discuss LRT with divided Hamilton city council today

Metrolinx, MTO will pitch Hamilton LRT to city councillors next week

KQED Nightly Business Report March 21, 2012

captioning sponsored by wpbt tom: good evening and thanks for joining us. china was the talk of wall street today. investors sold stocks, worrying the world s second largest economy could be slowing down, susie. susie: tom, a slowdown in china has been an ongoing concern, but today, there were two fresh reasons for the jitters. china raised prices for gasoline and diesel fuel by as much as 7%, the second price hike in less than six weeks. also, the c.e.o. of bhp billiton, the world s largest mining company, said china s steel production is slowing. the dow fell almost 70 points, the nasdaq and s&p 500 were both down by more than four points. joining us now to talk more about this, david kelly, chief market strategist of j.p morgan funds. hi, david, nice to have you back. glad to be here. susie: so should investors be worried about what s going on in the chinese economy? i don t think they should be too worried. we are seeing a gradual is theredown in the chinese eco

KQEH Nightly Business Report March 21, 2012

captioning sponsored by wpbt tom: good evening and thanks for joining us. china was the talk of wall street today. investors sold stocks, worrying the world s second largest economy could be slowing down, susie. susie: tom, a slowdown in china has been an ongoing concern, but today, there were two fresh reasons for the jitters. china raised prices for gasoline and diesel fuel by as much as 7%, the second price hike in less than six weeks. also, the c.e.o. of bhp billiton, the world s largest mining company, said china s steel production is slowing. the dow fell almost 70 points, the nasdaq and s&p 500 were both down by more than four points. joining us now to talk more about this, david kelly, chief market strategist of j.p morgan funds. hi, david, nice to have you back. glad to be here. susie: so should investors be worried about what s going on in the chinese economy? i don t think they should be too worried. we are seeing a gradual is theredown in the chinese eco

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