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Detailed text transcripts for TV channel - MSNBC - 20110824:09:41:00

Poll shows president obama s approval rating at just 38%. we warn as we always do that s a daily snapshot. changes every day. turning now to the markets which staged a strong rally yesterday ahead of a planned speech this friday by ben bernanke. today s wall street journal recapping the action with the headline markets bet on fed miracle. noting many investors are counting on the central bank to give a much needed jolt to the ailing u.s. economy, but what more can the fed do? let s bring in m. jeff cut mojg london. reporter: we ahead weak regional factor activity, also weak housing numbers. and that pushed the mafr kets higher because they said that s even more pressure on bernanke to come up with some further movement on on monetizing the debt story. the markets are hoping that he ll make some announcement either about buying assets or ....

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