THE WALL STREET JOURNALS TOM HERMAN DISCUSSES TODAYS STOCK MARKET OUTLOOK
THE WALL STREET JOURNALS TOM HERMAN DISCUSSES TODAYS STOCK MARKET OUTLOOK
NBC ID: AR6B4WK6M1 | Production Unit: Sunrise | Media Type: Aired Show | Media ID: T920729 | Air Date(s): 07/29/1992 | Event Date(s): 07/29/1992Beschreibung
Event Date(s): 07/29/1992 | Event Location(s): Today New York Studio | Description: THE WALL STREET JOURNALS TOM HERMAN DISCUSSES TODAYS STOCK MARKET OUTLOOK IN INTERVIEW WITH CCURRY; THE WALL STREET JOURNALS TOM HERMAN SAYS THE BIG SURGE IN THE MARKET IS BEING CAUSED BY DROPPING INTEREST RATES; WHICH ARE THE LOWEST IN 20 YEARS; SAYS THEY ARE EXPECTED TO LIFT THE ECONOMY OUT OF THE DOLDRUMS; SAYS TWO STOCKS TO WATCH TODAY ARE EASTMAN KODAK; WHICHWAS UP 2 IN LONDON AND IS REPORTING STRONG EARNINGS; AND IBM; WHICH ANNOUNCED THAT IT WILL SHRINK WORK FORCE BY 32 THOUSAND WORKERS THIS YEAR; SAYS 30 YEAR MORTGAGES ARE JUST OVER 8% AND 15 YEAR RATES ARE EVEN LOWER AT ABOUT 7 AND A HALF PERCENT; NOTES SOME BANKS ARE OFFERING ADJUSTABLE MORTGAGES AT 5.3% OR JUST UNDER 5% AND ADDS THAT MANY PEOPLE ARE REFINANCING AND SAVING A BUNDLE. TA Producers: NBC