this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. ben bernanke said today he ll do whatever it takes to prop up the economy. tom, the fed chief s speech at an economic conference in jackson hole wyoming came just hours after the government reported that u.s. economy grew only 1.6% in the second quarter. but bernanke didn t change his forecast. he still believes the economy will grow at relatively a modest pace this year. he said there was only a low risk of deflation. and he made a case that the fed alone can t solve the world s economic problems. tom: susie, bernanke used this speech to boost confidence that the fed is on top of things, and investors bought it for today. the dow rallied more than 1.5%. the chairman outlined four actions the fed could take, if necessary: pumping up the economy with money by buying long-term securities like government bonds. better communic
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. ben bernanke said today he ll do whatever it takes to prop up the economy. tom, the fed chief s speech at an economic conference in jackson hole wyoming came just hours after the government reported that u.s. economy grew only 1.6% in the second quarter. but bernanke didn t change his forecast. he still believes the economy will grow at relatively a modest pace this year. he said there was only a low risk of deflation. and he made a case that the fed alone can t solve the world s economic problems. tom: susie, bernanke used this speech to boost confidence that the fed is on top of things, and investors bought it for today. the dow rallied more than 1.5%. the chairman outlined four actions the fed could take, if necessary: pumping up the economy with money by buying long-term securities like government bonds. better communic
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. worry, worry, worry. that was the watchword on wall street today, and all week long. tom, everyone s nervous the u.s. economy is screeching to a halt. tom: susie, there s been a steady stream of downbeat economic reports in recent weeks, and investors have found little reason to buy stocks. today was no different. the dow and s&p were in the red, and the nasdaq was virtually unchanged. susie: so can investors still make money in a down economy? suzanne pratt reports. reporter: the stock market doesn t like it when the economy is growing slowly, or worse, not growing at all. since the beginning of may, the s&p 500 has lost about 10%, and it was about that time that economic data began to deteriorate. in recent days, investors have grown increasingly worried about the pace of the recovery, and talk of a so-called double-d
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. worry, worry, worry. that was the watchword on wall street today, and all week long. tom, everyone s nervous the u.s. economy is screeching to a halt. tom: susie, there s been a steady stream of downbeat economic reports in recent weeks, and investors have found little reason to buy stocks. today was no different. the dow and s&p were in the red, and the nasdaq was virtually unchanged. susie: so can investors still make money in a down economy? suzanne pratt reports. reporter: the stock market doesn t like it when the economy is growing slowly, or worse, not growing at all. since the beginning of may, the s&p 500 has lost about 10%, and it was about that time that economic data began to deteriorate. in recent days, investors have grown increasingly worried about the pace of the recovery, and talk of a so-called double-d
this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt susie: good evening everyone. worry, worry, worry. that was the watchword on wall street today, and all week long. tom, everyone s nervous the u.s. economy is screeching to a halt. tom: susie, there s been a steady stream of downbeat economic reports in recent weeks, and investors have found little reason to buy stocks. today was no different. the dow and s&p were in the red, and the nasdaq was virtually unchanged. susie: so can investors still make money in a down economy? suzanne pratt reports. reporter: the stock market doesn t like it when the economy is growing slowly, or worse, not growing at all. since the beginning of may, the s&p 500 has lost about 10%, and it was about that time that economic data began to deteriorate. in recent days, investors have grown increasingly worried about the pace of the recovery, and talk of a so-called double-d