The Casone Exchange
  • August 30, 2009 12:46 PM EDT by Cheryl Casone

    Best Guess: Breaking News Edition

    I'm not sure what is more ironic about Friday, the fact that Liz Claman broke news with her Mary Shapiro interview on the regulation of hedge funds, or me breaking my foot Friday morning.  You probably noticed the wrap around my ankle on the set at 12pm and although it won't be there Monday, I do have to use a walking cast for six weeks.  At least I finished the Triathlon right? And had a great time in Italy and Turkey.  I'll be posting some pictures on Facebook btw.....www.facebook.com/cherylcasone

    Now to Best Guess:

    Tom Sullivan: the market is poised for a fairly large sell off. The S and P fair value is around 880.  It is trading around 1030.  The resistance has e around 1035 so we are right at the top of this cycle.

    Sandra Smith:  Business or pleasure, time to reschedule your weekend plans.  Most NYC flights will be cancelled due to Danny.

    Stuart Varney: Check your home heating bill this winter, if you are using natural gas.  you will get a pleasant surprise....

    Elizabeth Macdonald:  We are headed for a double dip recession.  Watch out.

    John Ryding: Despite the signs of recovery in the economy, the Fed will keep interest rates on hold for the next year as Bernanke sees the level of unemployment as the major determining fator of the inflation rate and as both we and the Fed see unemployment at 10% by 2010.

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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