" there this is money markets and more for Thursday July 24. From the newsroom of the MarketWatch radio network I'm John Wordock. Coming up in this edition McDonald's has been recession proof up to now is that about to change."
" I think what -- to continue to watch. How much better or how much worse the economy gets."
" One expert will chime in does the stock market have you feeling blue one about the housing slump because it have you in the dumps. Consumer ace and -- will be here requests for therapists and get referrals are actually up as much as 20% some big cities the three major stock averages will try to keep their momentum going after modest gains Wednesday. On the day booked for Thursday we get the latest from the housing front with the existing home sales MarketWatch real estate editor Steve Kirch."
" Well John there isn't there much it's changed this summer from the dismal spring we've had not looking for much of a pickup if any at all here. In the summertime mortgages. They'll continue to be pretty difficult to get a hold of consumers are pulling in everywhere all and they're not really willing to take a big -- on housing."
" We're also getting earnings news from three yen Eli Lilly Raytheon Southwest Airlines Starwood Hotels. Dow chemical's Xerox Bristol-Myers Squibb RadioShack and let's not forget to railroads. Union Pacific and Burlington Northern Santa -- McDonald's continues to chug along despite the economy but how much longer will that last. Food industry consultant Dennis Lombardi talked our Nancy Lyons."
" Well it's certainly much more economical to order all from the novels and humans which are -- you. And certainly people watching her -- in purchases much more careful you know. So the public is very well positioned as -- reporter for those who restrooms to kind of weather the storm was that can be weathered."
" Yes a lot of people were looking at McDonald's as a sign of just how deep economic slump really is. Any signs that you -- city of of McDonald's getting hit by the economy."
" Well I I think what -- to continue to watch how much better or how -- towards the economy gets -- spend about where it is. And ironically people are single -- yours for only three hours and decency you know. It's because he's been produced the consumers stays in its present patterns. We can expect we -- to continue to grow you know if things get much worse. Then all bets are off the table for all -- Businesses including the."
" Right now McDonald's is showing respectable sales here in the US but overseas. Appears to be the real growth area like Asia the Middle East and Africa. And does the stock market have viewed down are you in the dumps are you blue. Had begun to see a psychologist about all this well some of you apparently are feeling kind of blew these days as your portfolio sees red. And consumer race and Cates is here to bring us up to speed on how some of you are out there. Lying horizontal. On the shrinks couch of course."
" Yes of course the economy has been shrinking but demand for shrinks isn't. The -- they're right now just last few months is you know the economy's been sliding gas that the go up. Requests for therapists and get referrals are actually up as much as 20% some big cities people are. Suffering from the classic reasons legacy go to to see a psychiatrist -- anxiety depression sleep problems and things like that. But what makes it different this time is -- almost -- psychologists say. And it's a mutual that just but everybody is talking about problems related to the economy to their financial circumstances -- to -- man."
" The so they're not talking about a dream analysis right RA terror you know why I hate my parents or. Why I hate my ex wife -- lights are George Clooney and I broke up or anything like that you know that happened to me so how so America's actually talking about substantive stuff like the economy -- and it's happening."
" In two across all income levels. Some some people are concerned about layoffs and perhaps can't afford you know to buy food or gas but even. Upper end there though what wealthy people are having problems too because. Circumstances or perhaps -- children may be asked to help out financially with their grown children. Or they have a big that nice house that they can't sell right now so everyone's experiencing it."
" Our food also aside for a person how the -- of the well today we're going to have to sell one of all four Holmes which one should we said oh yes exactly how boy. Well I can totally understand all of this I can totally understand. You know the the fighting going on with the the wealthy the middle class and the underclass in this country with the economy is there any end in sight do you think here."
" Now -- the numbers are actually going up right now so maybe it's taken awhile for people to realize hey this isn't going to and in the housing problems have been around for awhile and maybe people or you know support for -- are saying oh will be. Pretty soon things about day bouncing back pretty -- produce an awesome and a don't look that way."
" Yet it always seems though the housing bottom is near and then it's not it's not man so. Well and thank you very much for this and I trust your in good spirits and I am in good sound mental health well unlike me -- I'm in radios and Eritrea has sent. You know calls and questions sometimes it. Well and thank you very much and please keep us posted on this story again. --"
" That's it for money markets and more for Thursday July 24. I'm John feel free to write us at MarketWatch radio newsroom at Yahoo! dot com until next time CNN."