Detailed text transcripts for TV channel - MSNBC - 20110315:

Detailed text transcripts for TV channel - MSNBC - 20110315:17:31:00

for one, that's when the market decided to sell first and ask questions later. >> another interesting thing i read is toshiba has halted production for flash memory chips for the ipad 2 and ninten nintendo ds. there's been a reaction in terms of oil prices, right, steve? >> yes. oil prices are selling off today, as is gold, which is sort of the opposite of what you might have expected. there is some expectation that because of the nuclear shutdown that maybe there would be more demand for oil. in fact, today this is being seen as a kind of global contractionary event, that japan being further kicked down the road of recession and contraction, which is what it was doing before hand, it was contracting at a 1.3% annual rate. nobody knows how much the amount will be to the global economy a

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