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KQED Nightly Business Report September 10, 2016

Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a l ....

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CNBC Fast Money Halftime Report September 9, 2016

Thats the catalyst. Seems to be. This is fed fear front and center. Yes. I am very calmly panicking, scott, which i think is appropriate. No. Whats really going on, biggest decline for the tft going back to 2015. Not big. Less than 3 . Could be worse. Last night on the double line call probably were as widely heard and reported what he said, those who might have missed it. Im going to quote. Interest rates bottomed ebott. May not rightness near term as ive talked about for years, i think its the beginning of something and youre supposed to be defensive. Fine. You see this, people start to freak out or calling a growth scare, i find adorable. The reits will catch a cold. Utilities catch a cold. Thats a big area in the market. What happens if the overall market catch as cold . Tony dwyer suggested a correction. Could be 5 percent pr . I hope that happens. Let me finish my thought. Go back to prebrexit, june 2nd to fi june 22nd. You need fear in the market to work to the upside in the int ....

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KQED Nightly Business Report September 10, 2016

Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a l ....

New York , United States , Saudi Arabia , Oklahoma City , North Dakota , Steve Madden , Joe Rideout , Hampton Pearson , Daniel Tarullo , Jay Kaplan , Brian Sullivan , Tom Ridge , Eric Rosengren , Brexit Vote , Interest Rate , Rate Hike , Federal Reserve , Strong Enough , Telecom Home , Home Building , Insurance Companies , Companies Banks , Great News , Interest Rates , Unemployment Rate , Wells Fargo ,

KQEH Nightly Business Report September 10, 2016

Street. Stocks plunged, the market turned icy at least for a day. Dow and s p 500 had the worst day since the brexit vote aftermath at the end of june. The reason today, a fed official hinted an Interest Rate hike is not far off. Thats not necessarily a bad thing. It suggests the Federal Reserve thinks the economy is getting Strong Enough to shrug off a rate increase, but it did spook investors who have become accustomed to easy money policies and spooked them doubly because the fed official that spoke is normally in the easy money camp. Here are closing numbers for a bruising friday. Dowjones industrial average tumbled 394 points to 18,085. All of the major indexes fell more than 2 for the week. Biggest weekly drop for the dow since first week of the year. Reporter it is about time. By summer dole drum standards, its a l ....

New York , United States , Saudi Arabia , Oklahoma City , North Dakota , Steve Madden , Joe Rideout , Hampton Pearson , Daniel Tarullo , Jay Kaplan , Brian Sullivan , Tom Ridge , Eric Rosengren , Brexit Vote , Interest Rate , Rate Hike , Federal Reserve , Strong Enough , Telecom Home , Home Building , Insurance Companies , Companies Banks , Great News , Interest Rates , Unemployment Rate , Wells Fargo ,

CNBC Squawk On The Street September 9, 2016

Oil falling back after yesterdays rally and the biggest inventory draw in 17 years. Our road map begins with outrage over wells fargo. The bank settling a fraud case that said employees issued debit cards and transferred funds. Twitter shares down after a 6 drop yesterday. The Board Meeting. We will give you the details. And more fed speak sending futures lower. Shaking things up. Speaking of which, stock futures are lower. The boston fed chief saying a reasonable case can be made for hiking rates. He says low rates increase the chance of overheating the economy and that not tightening could shorten the recovery. He is a voting member, jim, and historically relatively dovish. Right. I think this is again trying to prep everybody theres a rate increase coming. Ive been saying that. Thats why the bank stocks have been acting well. We will have to talk about wells. That is the biggest. This is par for what theyre thinking about, not l ....

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