Today in Denmark: A roundup of the latest news on Monday
thelocal.dk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thelocal.dk Daily Mail and Mail on Sunday newspapers.
Fareed Haque, June 22
rcreader.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rcreader.com Daily Mail and Mail on Sunday newspapers.
jenna: a profund statement following up now what we have the super-committee that will try to figure out what to do with some of this debt. that was the market analyst david buch he has been watching the financial world for 49 years. he really got us thinking and certainly a lot of reaction from you the viewers. could the debt problem we re experiencing right now lead to the end of some maybe our own, maybe some others? we ll shaq about james shanl none and professor at warren school of business. peter schiff is professor of your and president europacific and larry glazer. mayflower advisors. it is a big topic and we have a few minutes to figure out if we ll see the demise of democracy. so good luck to us all. peter, do you think there is a link here? a lot of debt will deed to the destruction of democracy? absolutely. the framers of our constitution warned about perils of democracy. that s why we were
staggering 1,000 points in one week alone. jenna: nicole is watching this for us. why are we seeing down stocks trade higher. reporter: volatility seems to be the new normal. we are up 262 points, a gain of about 2 1/2% on the dow. we are starting to feel a little better after what we saw in europe. there was so much concern about france and the french franc. feeling a little better from citigroup, they are extending credit lines to the french bank. that gave comfort to the market. 29 of the 30 names of higher. the bank stocks are giving a little bit of a bounce back. jpmorgan and bank of american are getting a bit of a bounce back. we ve got even retail numbers in and their out looks. macy s, polo, ralph lauren and kohl s have all come out with numbers, and they seem to think that the consumers will come shopping. last but not least we ve been watching the neck-and-neck fight between apple anne exxonmobile. apple is the largest. 340billion products. that too is up today. j