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    Back to To the Point

    To the Point

    Dow Jones Average Headed for Longest Losing Streak since 1978

    Despite reassurance that the US will pay its bills, the stock markets dropped yesterday and they're down again today. That could mean nine days of declines, the longest since February, 1978. Todd Wallack is business reporter for the Boston Globe .

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    By Warren Olney • May 12, 2014 • 1 min read

    Despite reassurance that the US will pay its bills, the stock markets dropped yesterday and they're down again today. That could mean nine days of declines, the longest since February, 1978. Todd Wallack is business reporter for the Boston Globe.

    The full episode

    1 of 3
    The Debt Ceiling and the 2012 Presidential Playing Field
    1. 0:00Dow Jones Average Headed for Longest Losing Streak since 1978You’re reading this
    2. 7:36The Debt Ceiling, the President and Next Year's Campaign
    3. 44:40Egypt's President Goes on Trial
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Julia Flucht

      Producer, 'To the Point'

    • KCRW placeholder

      Karen Radziner

      Managing Producer, To the Point & Which Way LA?

    • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

      Sonya Geis

      Senior Managing Editor

    • KCRW placeholder

      Todd Wallack

      Boston Globe

      NewsNationalPolitics

    The full episode

    1 of 3
    The Debt Ceiling and the 2012 Presidential Playing Field
    1. 0:00Dow Jones Average Headed for Longest Losing Streak since 1978You’re reading this
    2. 7:36The Debt Ceiling, the President and Next Year's Campaign
    3. 44:40Egypt's President Goes on Trial
    Back to To the Point