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Economy: Housing, Stock Market #943867

ABC Evening News for Friday, Aug 21, 2009
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(Studio: David Muir) Good news on the home sales front cited.

(Studio: Bill Weir) Optimism about the economy due to Federal Reserve Board chairman Ben Bernanke, the stock market & the housing numbers examined; home sales & price statistics cited. [ZipRealty CEO Patrick LASHINSKY†- makes a prediction about housing.] [Jefferies Investment Bank Art HOGAN†- expresses cautious optimism about the market.] A statement from the Fed chairman about the economy quoted. [On the street, two PEOPLE; "Predictably Irrational" author Dan ARIELY†- comment on the economic news.] The likelihood of a long, stagnant recovery noted.

Reporter(s):
Muir, David;
Weir, Bill
Duration:
00:02:40

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