i'm susie gharib. good night everyone, and good night to you too, tom. >> tom: good night susie. i'm tom hudson. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

. >> susie: have a great night, you too, tom, i'm susie gharib. thanks for watching, everyone. we hope tov; "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video "how wall street works". to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. pbs.

good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org

good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video. to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more. pbs.

welcome to the program. >> thanks, susie. >> hi, susie. >> susie: josh, let me begin with you. it looks like the fed is saying things are not getting better for the economy. what was your reaction to this downgraded outlook? >> pretty much as expected. i think it reflects the loss of momentum in the economy over the summer. and the fed has been forecasting this all along. they're seeing that the economy is not getting;fn better fast enough to make quick progress in bringing down unemployment. and that's the reason that they feel they needed to give the economy an extra shot in the arm with the most recent easing. >> susie: -- >> susie, i agree with josh. i might just add we have this improvement in the u÷ what the first estimate was for the third quarter. frankly, i don't think anybody really believed the fed's numbers, and they were marking back to what most people were thinking, and most people are a little below the fed in terms of growth next year. >> susie: and bob, we learned how sharply divided the!+e fed is on how to fix the economy. what is this doing to investor anx

nice to be back. >> susie favoring industrials, agriculture, technology, energy, and so on. >> susie: and you told me that you're forecasting dow 12,500 over the next six to eight months. so that's 10% from where we are now. you think those sectors draw more side-line investors into the market. that will fuel the next leg of the up trend here. >> susie: let's go down the list of the stocks you're recommending. at the top of the list is c.f.industries. ticker c.f.. it's an agricultural chemical fertilizer. it was a heavy serl. in today's trading, down 6%. >> as expected, it has been a big mover. the agriculture group has been one of the big parts of the stocks. i think active. we're not choosing the individual stock, but also the sector, too. both look very attract tiff going forward. >> susie: let's look at eaton, it makes industrial products for aerospace. and the economic recovery will be successful with the fed's efforts. eaton is one of our favorite in that category. >> susie: the next stock you're recommending plays into your technology trend, f-5 network. tell us about that one.

>> susie: $600 billion. that's the how much money the fed is planning to pump into the banking system, hoping to pump up the economy. >> the fed is saying we are insuring the downside scenario. we are not going to let a double dip happen. we are not going to let unemployment continue to rise and we are going to continue to be aggressive. >> tom: economist diane swonk and market strategist mike holland join us with analysis of the fed's move, and that other big story-- the midterm election and the republican takeover of the house. you're watching "nightly business report" for wednesday, november 3. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. the federal reserve said today it will buy $600 billion in government bonds. tom, it's a controversial strategy, but as the fed wrapped up a crucial tw

>> susie: it's the go-go days for gold. the yellow metal is shining at new highs, sitting firmly above $1,400 an ounce. why all the attention? analysts say it's all about demand. >> i don't believe its a bubble. i believe that we've suddenly come upon a new plateau for a new type of investments. >> jeff: gold's not the only commodity surging. silver, soybeans and cotton headed higher too. we'll look at what's behind the surge. you're watching "nightly business report" for tuesday, november 9. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> susie: good evening everyone. tom hudson is off; jeff yastine joins us tonight. and jeff, it's record time in the markets. not stocks, but gold prices. and silver, platinum, and most other commodities. >> jeff: susie, it's now four days in a row that gold continues to hit new records. today it closed at

you too, susie >> susie: good night tom. i'm susie gharib. we'll see all of you again tomorrow evening. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video "how wall street works". to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more.

this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbtret two-year highs, inching towards $90. experts predict crude could reach $100 a barrel as next year. scott gurvey reports. >> reporter: nymex crude hit a 25-month high in electronic trading early today, then retreated to settle unchanged. but while traders may have decided to lock in some short term gains, experts say the recent oil price gusher is for real. chinese demand is a big reason. the chinese government today reported refineries in that country processed a record volume of oil in october. the chinese thirst for oil has been growing along with its economy. but oil trader ray carbone says there's more to the story than china. >> we have seen china be a big part of the rally back from the lows of march of 2009. but what were seeing now, which has spurred oil to these two year highs, is really some very g

good night everyone, and good night to you too, susie. >> susie: good night tom. i'm susie gharib. good night everyone. we hope to see all of you again tomorrow night. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> more information about investing is available in "nightly business report's" video. to order this dvd, call 1-800- play-pbs or visit online at shoppbs.org. >> be more.

i'm tom hudson. >> susie: good night, tom. i'm susie gharib goodnight, everyone. we hope to see all of you again next week. "nightly business report" is made possible by: this program was made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org