08/09/11
Marketplace Morning Report for Tuesday, August 9, 2011
Episode Description:
Marketplace Morning Report for Tuesday, August 9, 2011
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Is there an upside to the downgrade?
Aug 9, 2011
With market volatility comes bargain-basement prices for stocks, a drop in oil prices and spike in the price of gold
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Is a debt downgrade a 'Lehman moment?'
Aug 9, 2011
The difference between now and three years ago may be more in cause than in effect. The first crisis was fueled by Wall Street -- this one, some analysts argue, was caused by the government's mishandling of the debt crisis.
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Investors are 'scared to debt'
Aug 9, 2011
In response to the S&P downgrade and market fears, global investors are living by the mantra: when in doubt, get out.
0
Economy needs more than 'cautious optimism'
The Federal Reserve bank is scheduled to meet this morning. One thing the Fed could do is a third round of quantitative easing -- but analysts say not to expect any major policy moves this afternoon.
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Riots in London cost millions
Young people in London have entered a third day of rioting, damaging businesses and buildings across the city
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London rioters armed with mobile technology
Aug 9, 2011
Police say young rioters in London are using tools like Twitter and BlackBerry Messenger to organize attacks on businesses
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Asian stocks with U.S ties take major hit
Aug 9, 2011
Investors in Asia are preparing for another recession in the U.S. by selling off stocks like Toyota, Sony and Samsung
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Global market mood: Volatile
Markets overseas have fluctuated wildly throughout the morning, and investors are looking to the Federal Reserve for answers
0
European markets expected to bleed today
Aug 9, 2011
Yesterday was one of the worst days for global stock markets since the 2008 collapse of Lehman Brothers. A sell-off in European markets continues today.
2
Deja vu all over again for the economy?
Aug 9, 2011
Sharp stock market drops of late are reminiscent of the 2008 crisis -- and that's put investors on edge. But the roots of our current economic turmoil are much different than the causes of the last recession.
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Downgrade could make life expensive for municipalities
The downgrade of the U.S. credit rating will also likely force ratings cuts on bonds issued by cities and states. That could raise municipality borrowing costs.
1
New fuel rules for trucks
First-ever fuel efficiency standards for heavy-duty pickups and trucks will be announced today by U.S. EPA
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