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BlackRock Targets Latin America Bonds as Central Bankers Gear Up for Rate Cuts

BlackRock Targets Latin America Bonds as Central Bankers Gear Up for Rate Cuts
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Transcripts For KQED Nightly Business Report 20101105

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. call it the fed effect. the major stock averages roared to two-year highs today. all this a day after the federal reserve announced its big plan to pump money into the economy. it was rally time here at the big board. the dow rose 2%. let s run down the closing numbers: the dow surged 220 points, the nasdaq rose 37, and the s&p 500 up 23. stocks have been rallying ever since august, when fed chairman ben bernanke started talking about buying more government bonds. suzanne pratt takes a look at whether higher stock prices can fix the economy and get americans back in a buying mood. reporter: remember the fun americans had last decade, spending money they didn t have? that was the so-called wealth effect, and the result was people bought more stuff when their homes and investment portfolios rose

Transcripts For KQED Nightly Business Report 20101105

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. call it the fed effect. the major stock averages roared to two-year highs today. all this a day after the federal reserve announced its big plan to pump money into the economy. it was rally time here at the big board. the dow rose 2%. let s run down the closing numbers: the dow surged 220 points, the nasdaq rose 37, and the s&p 500 up 23. stocks have been rallying ever since august, when fed chairman ben bernanke started talking about buying more government bonds. suzanne pratt takes a look at whether higher stock prices can fix the economy and get americans back in a buying mood. reporter: remember the fun americans had last decade, spending money they didn t have? that was the so-called wealth effect, and the result was people bought more stuff when their homes and investment portfolios rose

Transcripts For KQEH Nightly Business Report 20101105

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. call it the fed effect. the major stock averages roared to two-year highs today. all this a day after the federal reserve announced its big plan to pump money into the economy. it was rally time here at the big board. the dow rose 2%. let s run down the closing numbers: the dow surged 220 points, the nasdaq rose 37, and the s&p 500 up 23. stocks have been rallying ever since august, when fed chairman ben bernanke started talking about buying more government bonds. suzanne pratt takes a look at whether higher stock prices can fix the economy and get americans back in a buying mood. reporter: remember the fun americans had last decade, spending money they didn t have? that was the so-called wealth effect, and the result was people bought more stuff when their homes and investment portfolios rose

Transcripts For WETA Nightly Business Report 20101105

this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening and thanks for joining us. call it the fed effect. the major stock averages roared to two-year highs today. all this a day after the federal reserve announced its big plan to pump money into the economy. it was rally time here at the big board. the dow rose 2%. let s run down the closing numbers: the dow surged 220 points, the nasdaq rose 37, and the s&p 500 up 23. stocks have been rallying ever since august, when fed chairman ben bernanke started talking about buying more government bonds. suzanne pratt takes a look at whether higher stock prices can fix the economy and get americans back in a buying mood. reporter: remember the fun americans had last decade, spending money they didn t have? that was the so-called wealth effect, and the result was people bought more stuff when their homes and investment portfolios rose

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