Wall Street Feels Pain of China's Credit Crunch
Clip: 6/20/2013 | 6m 34s
Wall Street Feels Pain of China's Credit Crunch, Federal Reserve Uncertainty
It was a bad day for global markets, whose stocks fell over worries about a credit crunch in China and comments by Federal Reserve Chairman Ben Bernanke that the fed may begin paring back stimulus efforts. Jeffrey Brown gets reactions from The Wall Street Journal's David Wessel and James Paulsen of Wells Capital Management.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
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Wall Street Feels Pain of China's Credit Crunch
Clip: 6/20/2013 | 6m 34s
It was a bad day for global markets, whose stocks fell over worries about a credit crunch in China and comments by Federal Reserve Chairman Ben Bernanke that the fed may begin paring back stimulus efforts. Jeffrey Brown gets reactions from The Wall Street Journal's David Wessel and James Paulsen of Wells Capital Management.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...