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Detailed text transcripts for TV channel - MSNBC - 20150824:14:36:00

southwest statistics director. mark? strike two on mark. we do have zachary from investnet. zachary, are you with me this morning, still? i m here. good to talk to you, buddy. zachary, talk about kind of the cumulative effect of these three days, of thursday, friday and now monday. you know, you have a lot of the people that aren t in on the market, as you talk about is so immediate. there are a lot of people just looking out for their future. does these three days bode badly for the future in the short term? look, i m relatively sure that unless people are watching tv this morning, most people have been tuned in last week. a lot of people this is now the dominant story on all the cable shows, it will be the dominant story on the news because of the velocity of this change, right? uh-huh. so i think today you ll start

Detailed text transcripts for TV channel - MSNBC - 20150824:14:35:00

just lost him. so sorry. mandy, are you still with me? i wanted to mention something, and this is what we re seeing in terms of movements of expectations of what the fed is going to do. not that the fed should necessarily take its cues from the stock market, but if there is global uncertainty like this, if the stock market is dropping, therefore lowering the pressures, there is less pressure for the feds to move its interest rate higher. at this rate we re seeing expectations for a september move move to about 30%. just last week before the minutes came out, we were sitting at about a 50% expectation that the fed would move in september. at the moment, it s more focused on december, but you can bet your bottom dollar, if this keeps on continuing with the stock market eruptions, you re going to see pushed-out expectations into 2016 increasingly, i would say. mandy stay with me. i want to bring in mark gurette,

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