KRCB Nightly Business Report August 15, 2013
What was predicted the what the walmarts woes say about the broader economy. And housing disconnect. Home builders are more optimistic than they have been in eight years. Nightly Business Report for thursday, august 15th. Good evening everyone and welcome. The drip, drip, drip of sliding stock prices turned into something more today, Something Like a tarrant. Investors digested troubled news with walmart and cisco and claims mean the Federal Reserve will reduce stimulus sooner rather than later. The dow is 546 points or 3. 5 below the alltime high hit on august 2. The s p 500 is 48 points or 2...