CBS Evening News for Monday, Nov 30, 1987
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(Studio: Dan Rather) Report introduced.
(Studio: Ray Brady) London and Tokyo stock mkts. discussed; details given, scenes shown. New York City stock market behavior noted reacting to international market plunges. Stk. Mkt. Report [Econ. David JONES - says Washington, DC and Reagan administration didn't do enough to rectify economy problems.] United States stock market behavior detailed; scenes shown. President Reagan noted defending budget deal with Congress [REAGAN - says deal isn'tperfect but adequate.] [Senator Robert DOLE - says if deal isn't implemented quickly there will be more difficulty ahead.] [Mkt. analyst Fred LANGE - says budget deficit must be controlled.] Inflation and recession possibilities mentioned. Investors' confusion and subsequent market repercussions noted.
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