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Stock Market / Deficit #313692

CBS Evening News for Wednesday, Nov 04, 1987
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(Studio: Dan Rather) Report introduced.

(NYC: Ray Brady) Wall Street experts asserting there will not be any improvement until the deficit is reduced noted. [Mkt. analyst Alan ACKERMAN - says there has been a lot of rhetoric from Washington, DC and not enough action.] Consumer confidence said shaken. Luxury goods said will not sell as well this year [Luxury fair exhibitor Fred OPERT - discusses drop in sales.] [WOMAN - says she tries to save money now.] [Retail analyst Robert BUCHANAN - discusses drop in high-priced items.] Manhattan Realtors said having to lower prices. [REALTOR - discusses having to cut prices.] Lack of consumer confidence causing recession mentioned.

Reporter(s):
Brady, Ray;
Rather, Dan
Duration:
00:02:30

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