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tonight. ratings agency fitch says they re going to downgrade america s outlook from stable. stocks soared on wall street. because the markets closed before that action happened. the dow was up by nearly 300 points. the reason was a wow weekend for the american economy. retail sales surged. that s a fair word. they were up 16%. accord together national retail federation. it was the best kickoff to the holiday shopping season ever. topping off, today the federal reserve said household debt in this country fell $60 billion. the outfront strike team called this optimism, 85% of them said they were not going to go into recession. when the pundits were sure of just that. they ended up being right. can this optimism really last? peter, what s your take of this market rally? will it last? especially because after the markets closed, we got the hit from fitch, the ratings agency, which was expected but is another reminder of the failure in washington. it is about the failure ....
i m erin burnett. outfront tonight, ratings agency fitch affirms of the united states aaa credit rating but says guess what, we re going to downgrade your outlook to negative from stable. this happened after the markets closed. obviously, something negative and all relate the to the lack of action and the failure of the supercommittee, still stocks is soared on wall street. because the markets closed before that action happened. the dow up by nearly 300 points. the reason was a wow weekend for the american economy. retail sales over thanksgiving surged. that s a fair word. they were up 16%, according to the national retail federation. ibm says it was the best kickoff to the holiday shopping season ever. topping it off today the federal reserve said household debt fell $60 billion. the outfront strike team called this optimism. 85% of them said they were not going to go into recession. when the pundits of america were sure of just that. well, as you can see, they ended u ....
Phil: this has nothing to do with the murder trial but goes back to the time period of 31 days in 2008 when caylee was missing and casey didn t tell anyone and she was partying it up in the hot body contest and spotted spending the stolen money writing bogus checks from her best friend s checkbook living it up while no one knew that caylee was dead. we talk about the death threats against casey anthony do we have any idea how serious the threats are? phil: the judge talked about it in court and he seriously is concerned about it and taking that and account with the ruling baez and mason in part of the motion included a photograph which shows a photograph, still photo of casey anthony s face with a caption that says something like keep smiling, the head shot will be easier ask ....
But as for whether she ll have to serve one year s probation anytime soon, well, judge perry doesn t even know yet how he s going to rule. this all stems from the time period when casey anthony was out partying it up, hot body contest, drinking it up at the clubs and going on shopping sprees with stolen money. her best friend s checkbook. and for that two januaries ago she pleaded guilty to six counts of check fraud. the judge sentenced her to 412 days in jail which she served while awaiting the murder trial, and he also verbally said after you re released i want you to begin one year s supervised probation. but it wasn t written down on the actual sentencing documents just like that, so there s been confusion as to whether she has done that one year s probation is completed because she was denied bail while she was awaiting the murder trial, and so you have the florida department of corrections, casey anthony s attorneys jose baez ....
Casey anthony was in the hot body contest and spotted on surveillance videotapes all over metro, orlando, shopping around and spending stolen money from her best friend s checkbook who happened to be out of town. while she was in jail awaiting trial for the murder of caylee anthony, casey pleaded guilty to six counts of check fraud. for that judge strickland sentenced her to 412 days in jail plus one year s probation after she gets out of jail. well, all of that time has been accounted for while she was in jail awaiting the murder trial this summer. the big confusion right now is whether that one year s probation is completed and accounted for. now because she was in jail but denied bond. shep? shepard: this has created a strange set of allies for casey anthony s attorneys, hasn t it? it absolutely has. on friday judge perry will way judge strickland s viewpoint viewpoint that the probation should start only after she walked out of jail. on the other hand you have the casey anthony ....