CNBC The Kudlow Report August 15, 2013
Good evening. This is the kudlow report. Larry is off tonight. First up, huge market selloff. The dow falling 225 points, s p 500 down 24 and nasdaq fell 63 points. So whats the biggest reason for the selloff . Fear of the fed taper or disappointing profits . Joining me on set are larry mcdonald, David Goldman, currently president of macro strategy, and alec young, Global Equity strategist with s p capital iq. You focus on equities, thats another way to say the stock market. It dropped dramatically today. Heres what i dont understand. We got the weekly unemployment claims, people filing for jo...
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