FIRST AIRED: May 23, 2017

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00:00:00
wallstreet facing a crucial test this week Janet Yellin and the biggest onslaught of corporate culture so far this season made by apple the federal reserve meets Tuesday and much has changed since December when the fed hiked interest rates for the first time in a decade China's economy has slowed threatening to drag the rest of the world with it oil prices have think further when the stock market had its worst start to a year ever , fed chief Janet Yellen doctors talked in her stance on future rate hikes that could send markets back into a tailspin investors hope the world's central banks are once again ready to come to the rescue as the global economy falters I'm currently getting the New York investors shore commuter helping hand but they won't get it from corporate America earnings have been in a slump for three straight quarters is the lowest profit downturn since the financial crisis and things won't be looking up in terms of profit until later this year apple America's biggest company may not be much help quarterly results coming to they could show the first drop in annual sales for the money making Jagannath the iPhone says the world fell in love at first sight with a smartphone almost a decade ago but the biggest hurdle for investor sentiment to overcome is tied to oil crude prices took another tumble below thirty dollars a barrel Monday and Iraq flood and oversupply market with even more supply the pain being felt in the oil pits PT clear a global recession , as far