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The stock market is telling us we need to be ready. We just had our fifth straight decline today. Dow sinking 68 points, nasdaq declining. 12 . We know thats because theres been too much good data lately. It should be that, no, good data. Because we are in a good news is bad news environment. Since good news moves Interest Rates higher, whether the fed likes it or not remember, the fed wants rates down so more jobs can be created. But at a certain point, you have to ask, arent more jobs being created . The fed stops trying to keep Interest Rates down or stops being able to. Its a foregone conc...

The stock market is telling us to be ready. We had our fifth straight decline today. Dow seeking 68 points, nasdaq declining. 12 . We know thats because theres been too much good data lately. It should be that, no, good data. Because we are in a good news is bad news environment. This is good news moves Interest Rates higher. Whether the fed likes it or not remember, the fed wants rates down as more jobs can be created. But at a certain point, you have to ask, arent more jobs being created . The fed stops trying to keep Interest Rates down or stops being able to. Its a fore gone conclusion the...

Defund the health care bill. Among our newsmakers on the topic this morning, we have former oh bam in omb director peter or zaszag. Then coming up at 8 30 eastern, we have former vice chair alice rivlin. And aei senior fellow Kevin Hassette. And in other washington news, the federal Housing Administration will likely soon take a cash infusion from the treasury. The agency needs help to cover losses from souring loans. Jcpenney looking to raise as much as 750,000 to 1 billion to build up its cash reserves. The retailer is leaning towards issuing new shares. But other methods of raising capital ...

To end a ban on in flight telephone calls. The chairman says the move will keep pace with technology, but will flyers think otherwise. That and more tonight on nightly Business Report for thursday, december 12th. Good evening. Stocks sold off again today lead by another triple digit decline in the dow despite solid retail sales in november and as the house votes tonight on a bipartisan deal. Many fear signs of a stronger economy with stability in washington could prompt the Federal Reserve to start winding down the stimulus plans this month. The dow fell 104, the nasdaq down five but closed be...

The chairman says the move will keep pace with technology, but will flyers think otherwise. That and more tonight on nightly Business Report for thursday, december 12th. Good evening. Stocks sold off again today lead by another triple digit decline in the dow despite solid retail sales in november and as the house votes tonight on a bipartisan deal. Many fear signs of a stronger economy with stability in washington could prompt the Federal Reserve to start winding down the stimulus plans this month. The dow fell 104, the nasdaq down five but closed below the 4,000 level and s p lost six. The p...