FOX News National News
We get earnings from Wal-Mart and Home Depot today.
Oil prices are at their lowest since 2009, and continue to fall.
Earnings so far this quarter have been somewhat weak, and may point to dangers ahead for U.S. companies.
There are also growing concerns stocks may be in a bubble.. and a correction may be overdue. We’ll get into that in the 11am, and in the 1pm we’ll talk about the growing fears that the U.S. may not have many tools left in its recession fighting tool belt if it should come to that.
Jon Hilsenrath and Nick Timiraos in the Wall Street Journal today write, “As the U.S. economic expansion ages and clouds gather overseas, policy makers worry about recession. Their concern isn’t that a downturn is imminent but whether they will have firepower to fight back when one does arrive.”
Jon Hilsenrath joins us in the 1pm.