that was very disappointing, the jobs growth, and the market, today, sold off, the stock market was down, i m prices were down, and it is possible that if we continue to get weak data like that, we are going to get geared up for the federal reserve printing money when they start doing that, and prices are really going to start going again because the dollar will get weak again. remember, i am from the government and i am here to help you. neil: i hard you. the qe3, he was right about the federal reserve buying up a lot bonds to force the interest rate downs. it does not always work. and a reported election year bailout for underwater homeowners. will it work? will it work? stick around.trade? for starters, it didn t cost me anything.
steve, good morning. reporter: very good day to you. what bernanke said was the unemployment market is unlikely to be as good as it has been in the future unless we expand production and we see more demand from consumers and more demand from businesses. he said we ll keep positively policy but he didn t do for qe3. maybe we ll get more stimulus and that s why it rallied to levels we haven t seen since may 2008 for the s&p which is operating at 29% on his recent run which is 12.7%. very interesting that it s potentially bad news about jobs in the future, let s the market higher because they expect ongoing stimulus. strange situation, either bad economics could mean good news for the markets. another caveat. any formal trading sessions before the end of the quarter we could see window dressing before
authenticity of this. opposition activists say at least 5 the people were kill add cross syria monday and another 12 were killed this tuesday. more than 50 world leaders gathered in seoul, south korea to discover nuclear weapons casting a shadow on the summit is north korea s plan to launch what it calls a peaceful satellite next month despite pressure, north korean state media says pyongyang will not abandon the launch. i m monita rajpal. world business today starts right now. good morning from cnn london, i m nina dos santos. and good afternoon from cnn hong kong, i m andrew stevens. welcome to world business today. the top stories this tuesday, march 27th. the u.s. signals support for the economy here to stay and investors are taken aback with a reason to buy. raising fuel prices and protesters are out in force. falling further from grace, former imf head dominique strauss-kahn is now being investigated over alleged links to prostitution. now, markets are
involved in the massacre. they think that robert bales should be tried under afghan law. there s been an outpooring of support for muamba. he suffered a cardiac arrest during a match on saturday. doctors say he will remain under anesthesia for 24 hours. those are the headlines from cnn. i m monita rajpal. world business today starts right now. good morning. from cnn london, i m nina dos santos. and a good afternoon, from cnn hong kong. top stories for monday, march 19th. the head of the imf hails china s economic progress. but also that now is the time to do more. was it cutting debt or risking a recession? and it s a country that s abolished slavery only 30 years ago. but forced labor remains a fact of life. let s go straight to the stock market action here in europe. these markets have been opened for just over two minutes now. and this is where the leading indices are performing as they settle over the first few trades. one stock we re going to keep an eye on
qe3. nerdy-nerdy, right? it is. but it gives something for ron paul to talk about. of he has been sort of forgot n forgotten. becky, thank you. the deep dive into the voter confidence index. it starts in 30 seconds. in today s deep dive, we re looking at the voter confidence index. it s a proprietary msnbc.com that we ve come to rely on quite a bit at the nbc news political unit. what is the vci? a way to measure the level of