Dining room tables, people have got to be talking about, okay, we were very nervous about the market, but stocks have moved up, so, marge, should we get in or not . And coming up a little later on the program, a closer look at whats fueling the rally. We dig into where the money is coming from. Well, a lot of credit for the recent bull run is being given to Federal Reserve chairman bernanke. He gave stocks another boost today. The fed did, with its latest beige book survey of Economic Conditions around the nation, and Steve Liesman gives us a closer look at what the central bank found. Reporter the consumer is troubled, according to the Federal Reserves latest beige book. The beige book is a collection of economic anecdotes from the feds 12 districts around the country, and it helps policymakers figure out beyond the data whats really going on in the u. S. Economy. What they found was a mixed picture on consumers. They are still spending on autos and tourism and services, but retail is
Dining room tables, people have got to be talking about, okay, we were very nervous about the market, but stocks have moved up, so, marge, should we get in or not . And coming up a little later on the program, a closer look at whats fueling the rally. We dig into where the money is coming from. Well, a lot of credit for the recent bull run is being given to Federal Reserve chairman bernanke. He gave stocks another boost today. The fed did, with its latest beige book survey of Economic Conditions around the nation, and Steve Liesman gives us a closer look at what the central bank found. Reporter the consumer is troubled, according to the Federal Reserves latest beige book. The beige book is a collection of economic anecdotes from the feds 12 districts around the country, and it helps policymakers figure out beyond the data whats really going on in the u. S. Economy. What they found was a mixed picture on consumers. They are still spending on autos and tourism and services, but retail is
This is nightly Business Report with Tyler Mathisen and sues gharib. Another day, another record. The dow ends at a second consecutive alltime high as the Federal Reserve says the economy is growing but modestly. And Americas Energy future. In focus, a special report on a sector that could power u. S. Growth and jobs for decades. And stormy weather. A big problem for you but also a big pain for business. How Mother Nature is the great disrupter. And welcome to all of our Public Television viewers. Tyler,nother day of stocks and the economy grabbing the headlines. The stocks once again, another day the dow jumps over the moon. The blue chip index adding 42 points. The broader s p 500 was up one. The nasdaq though edged nearly two points lower, pulled down by apple and google. The markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. Also helping today, app
The nasdaq though edged nearly two points lower, pulled down by apple and google. The markets began the day higher after better than expected news about jobs with payroll firm adp reporting 198,000 private sector jobs added back in february, more than economists expected. Also helping today, applications for new Mortgage Loans shot up 15 last week after Home Mortgage rates edged a tad lower. New records have a way of making investors feel optimistic. They also triggered new worries as people try to figure out if the next milepost is dow 15,000 or dow 13,000 again. At these heights, theres fear of the unknown and plenty of caution flags flying. Is it too late to get into the stock market . That was the question individual investors were asking all around the country today. The headlines and the euphoria about a new milestone for the dow were tempting for many investors and scary for others at this Charles Schwab center in new york city. I think theres a game in the back room that were n