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COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
MICHELLE CARUSO-CABRERA, CNBC ANCHOR: Eight minutes until the top of the hour. This is CNBC`s WORLDWIDE EXCHANGE. We broadcast live from Asia, Europe, and the United States. Very busy day for economic data today. Speeches by top Fed officials in the U.S. Let`s take a look to the trading day ahead. We are joined by David Jones. He is chief market analyst at CMC Markets.
Good to see you. Let`s start with the overall U.S. markets here, David. Big sell off in the United States yesterday, biggest one-day decline since July. What do you think, is it just a pause that refreshes or the start of something bigger?
DAVID JONES, CHIEF MARKET ANALYST, CMC MARKETS: Well, I think that is the big question at the moment, as you say. I mean, yesterday I think in the Nasdaq, it was the biggest fall for the year. But if you take a step back and look at the bigger picture, personally, I would have to say what...
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