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Detailed text transcripts for TV channel - FOXNEWS - 20110805:08:01:00

Market. investors rush to sell their stocks. analyst fail to agree on a single cull pit. ongoing economic concerns that recently collided to lead the dow jones/industrials average down 4-1/3%. the largest drop since 2008. down 10 of the last 11 trading days, 10.5% drop in the period. the lowest close since early december. investors see athemmic job and economic growth and european december crisis that won t quit. that is fresh off congressional round of bringmanship that left congress with the debt ceiling tuesday hours before the treasury department deadline. the real issue here is just how strong is the economy. the early data in the third quarter is it s soft. is that attributable to lingering effects that will dissipate as we go a couple more months? or is this the new reality? i think it s the former. so therefore, what we re saying is don t panic in to ....

Dow Jones , Analyst Fail , Cull Pit , 1 3 , Won T , Down 10 , European December Crisis , 10 5 , Debt Ceiling , Department Deadline , Dont Panic ,

Detailed text transcripts for TV channel - FOXNEWS - 20110804:22:01:00

Market. investors rush to sell their stocks. analyst fail to agree on a single cull pit. ongoing economic concerns that recently collided to lead the dow jones/industrials average down 4-1/3%. the largest drop since 2008. down 10 of the last 11 trading days, 10.5% drop in the period. the lowest close since early december. investors see athemmic job and economic growth and european december crisis that won t quit. that is fresh off congressional round of bringmanship that left congress with the debt ceiling tuesday hours before the treasury department deadline. the real issue here is just how strong is the economy. the early data in the third quarter is it s soft. is that attributable to lingering effects that will dissipate as we go a couple more months? or is this the new reality? i think it s the former. so therefore, what we re saying is don t panic in to ....

Dow Jones , Analyst Fail , Cull Pit , 1 3 , Won T , Down 10 , European December Crisis , 10 5 , Debt Ceiling , Department Deadline , Dont Panic ,