Detailed text transcripts for TV channel - CNN - 20181215:12:54:00
Markets particularly spooked by the shutdown. there is a big turndown in the s&p 500, one of the worst we've seen in recent years, but it's really focused on trump's trade policy, his conflicting messages on whether a china trade deal can be done. so far the markets are not really taking this into account. however, it could be just another straw that breaks the camel's back. we'll see the fed raise interest rates this week. like i said, $24 billion in economic impact in 2013. this will be smaller but it could be another thing that we see adding to the nervousness in the equity market. >> from ...