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The Situation Room with Wolf Blitzer and Pamela Brown

Stocks tumble on recession fears

The Situation Room with Wolf Blitzer and Pamela Brown

CNN

News

3.2865 Ratings

🗓️ 16 December 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Recession fears grip Wall Street and stock prices tumble as the Federal Reserve's downbeat new economic forecast starts to sink in. Also, a CNN exclusive interview with outgoing House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer in their first joint sit-down interview. They weigh in on whether President Biden should run again and whether Trump might win. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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And full access to The Economist Podcast Plus.

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The Economist is independent journalism for independent thinking.

0:25.6

Go to Economist.com and get your first month free. Happening now, recession fears grip Wall Street. Stock prices tumbling as the Federal

0:39.4

Reserve's downbeat new economic forecast starts to sink in.

0:44.1

Also this hour, a CNN exclusive

0:46.6

outgoing House Speaker Nancy Pelosi

0:48.6

and Senate Majority of Chuck Schumer

0:50.9

in their first joint sit-down interview.

0:54.0

They're weighing in on whether President Biden should run again

0:57.0

and whether Trump might win.

0:59.2

And Russia is ramping up its threats

1:01.5

as the US finalizes plans to send Patriot missile defenses to Ukraine.

1:07.0

Moscow, no warning of what they're calling unpredictable consequences.

1:11.0

Tonight the Pentagon is firing back.

1:14.0

Welcome to our viewers here in the United States and around the world.

1:18.0

I'm Wolf Blitzer. prices here in the United States as fears of recession rise.

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