Fear about european banks being one of them. Record low oil prices down to a 13year low. Concerns about earnings and guidance were getting from major corporations in this country. A global slowdown. Whats going on in china. What about the fed . One word i heard about the fed on the floor today, one word they used, useless. They say that the fed is like being in a plane and pilot doesnt know how to land it. Also the talk about negative Interest Rates. Theyre saying are you kidding me . It doesnt work anywhere else. It is not working in europe right now. Why isnt even on the table that janet yellen talked about . You mentioned gold. A massive move into gold. Also 10year treasury down at 1. 58 to 1. 6. That gives you a sense of fear in the market right now. Not one thing in particular but a belief what can the Central Banks do in this country or elsewhere . They have pretty much done everything they can and well have to wait to see how this market can recover. Maybe hopefully more than so
Transcripts For WTXF Fox 29 News At 10 20160119
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Transcripts For WTXF Fox 29 News At 10 20160119
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Voters will have their say tonight. Dave evans has a preview. And lets get a look outside. Parking rules are back in effect as we get ready for rain and temperatures in the 50s. What season is this . I know right . Its going to be nice. Im lauri simms. Thanks for joining us. It is monday february 1. It feels like just yesterday it was january. Well you know today is february 1 and the temperatures should be starting out at 27 to 29 degrees and we are at 50 to start your day. It might drop a degree or two before we get to sunrise. In north kingston, 48. We have a little bit of a south west wind coming up over snow pack so some of the numbers are warm and some are cool. Sparta at 30, wrightstown at we are going to have some fog. 53 to 57 this afternoon and a couple rain showers. Theres a little ground fog. I dont know if its effecting anything so far. I havent heard of anything as of yet. Its overnight traffic work for trains suspended between outcome lid avenue and then suspended betwee