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Transcripts For KICU First Business 20130903

From the white house thats making traders pull back. As john kerry spoke about what the government would do on friday, the markets slid. Heres where things stand as we await the bell this morning the dow, nasdaq and s p were all down for the day and the month. Gold opens just under 14 hundred dollars an ounce. And oil down 1 percent on friday even as supplies are strong. How are you feeling American Consumer . Not whipping out the credit card as readily . Consumer sentiment, from a 6 year high in july fell in august. The university of michigans index dropped from 85. 1 to 82. 1 this reflected pessimissm about the future of the economy with higher Interest Rates and slower growth. Still waiting to see if theres going to be an attack on syria. Lets talk with chris gersch of altimus capital. Chris, how would this affect traders if and some people would say when there is an attack . Good morning. What happened as far as last week is concernedwe had a lot of traders position themselves for

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