FIRST AIRED: October 11, 2018

Nice work! Enjoy the show!


You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!



>> Wall Street is getting little relief Thursday, opening lower a day after the U.S. experienced the biggest stock sell off in months. The sharp drop triggered a surge of selling around the world. European stocks hit their lowest in more than 18 months, and in Asia, China's main index plunged more than 5%, while Japan's Nikkei tumbled too.
Reuters Breakingviews columnist, Pete Sweeney.>> This has building for a long time. There's been a lot of money printing. There's been a lot of central banks pushing liquidity in the system, and it's caused this unprecedented historical rally, generally, in asset prices. Now, that's all getting thrown into doubt.
The future of the global trading system is in doubt. The relationship between the two world's largest economies is in question, and it's very tense. And I think, personal opinion, investors were kind of looking for a reason to sell, and now they seem to have found it.>> President Trump pointed the finger at the Federal Reserve on Wednesday, grumbling about it raising interest rates.
>> I think the Fed has gone crazy.>> Taking a cue from the previous day, Wall Street saw a second day of selling Thursday, with companies like Pfizer and McDonald's leading the pack.