you re right. very, very somber moments, around 15 minutes, a vigil, around the queen s coffin, of princess, princess ann, prince charles, prince andrew, prince edwards, the queen s children standing there, in silence heads bowed maintaining that vigil and something the queen wanted, will have planned, and perhaps not necessarily in scotland, there were different plans depending on where she died, but we have been saying all day, wherever she is now, and wherever her soul is, she will have been very much enjoying seeing this opportunity that the fact that she died at balmoral has afforded scotland to pay respects to her. you sea her, her body slowly travel through edinburgh, in silence, and so silent, that you could hear the hooves of the horses, and that silence from the thousands of scottish people who came to see her and say goodbye, spoke volumes, and they came to i think to see the new king, and they once again, with the enormous pageantry and very, very personal moments
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 in was
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 in washington.
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 up bein