More market volatility in the u. S. Wall street indexes seesaw after positive retail figures take the edge off a steady stream of bad news so is the global recession called off not quite. And is the farm coming to the big city well take you to a growing operation in the big apple. This is your Business Report im stephen bears in berlin thanks for joining us another day on wall street another volatile session markets ultimately ending in positive territory today after solid u. S. Retail numbers suggest that american consumption remains strong and that followed the worst day of the year for stocks with both the dow and nasdaq losing 3 percent wednesday on new recession worries the ups and downs of the markets are not going unnoticed u. S. Government is now trying to call investor jitters. Here on wall street
traders cheered retail giant walmart strong Quarterly Earnings the figures columns nerves on the floor they show us Consumer Demand is strong despite the trade war with china the Tru
word is now doing the rounds recession many fear the export oriented german economy is being dragged down by the on the doing to us china trade war right now beijing is sending mixed signals it says it remains open to negotiations with the u.s. on the other hand the chinese have threatened to retaliate if washington goes ahead with its plans to terrify eggs on september 1st. and let s go now to our financial correspondent in new york jose luis jose i think we ve been talking about wall street ups and downs this whole week if not this whole month today the numbers are up is it fair to say however that the overwhelming feeling is still one of an ease . totally is stephen and that is not going away anytime soon since and nothing has have fundamentally changed in terms of downside risk to us and consumers brought some calm to investors as they kept us spending in
implement a fresh set of the stimulus it s in fact may be limited sense we are already close to that effective lower bound of monetary policy so the possibility of a push from a different school side makes it markets and believe that the current downturn in germany will not morph into a long lasting crisis actually it could also help all the european countries and let s not forget that the e.u. is a key partner of the us actually the us that we has exported goods with $170000000000.00 so far the year until you see is in germany part of exporting goods that go to germany. there was a let s pull back a little bit it s been a volatile week on wall street ups and downs which we make of this. probably that the bullet is here to stay to say as stephen dumble until you do you mention it started over 2 weeks ago as the u.s.