" Money Markets & More from Monday march 16 2009 from the newsroom of the MarketWatch radio network I'm Steve Potisk coming up. Of lot of economic news will wash over a Wall Street. Don't forget the Fed. And are -- poised to and a bear market Wu."

" That's -- John word doc also coming up we're gonna talk trash and gossip and scum bags in scandal. And scans. And -- will be here to talk about how the media is focusing on that now right that's right -- usually do lots of trash talk -- trash talk coming up Steve back to you but first the news about gadgets and gizmos."

" Then you need to listen to take on tech. He confinement at marketwatch.com. Slash podcasts and on iTunes."

" All right let's look ahead of the -- week from his perch at the New York Stock Exchange here's Larry -- Steve for economy watchers it's feast or famine after spending last week in -- near vacuum Wall Street will find itself swamped with economic reports this week. As well as a Federal Reserve policy meeting interest rates aren't going anywhere according to senior economist Gary Thayer at Wachovia securities --"

" Believe the Fed when they say that rates for commando force sometimes."

" But that doesn't mean the Fed will be silent."

" I think they will try to show. That they have succeeded in many areas that saw them. Credit markets were frozen last fall. But I don't think they have exhausted all their. Its efforts to make some additional lending they're going to probably. Reiterate that there are going to. Start providing more funds to -- type loan markets that would help provide more student loans or car loans of that nature. -- site I think here is some additional steps that they can take."

" As for the economic calendar."

" A lot of people are going to be watching. The housing numbers we will be getting housing starts which are probably still going to be weeks. And I think although everybody will also be watching -- industrial production numbers to see how much. Companies are holding back on production to reduce inventories."

" Economists surveyed by MarketWatch see housing starts down more than three and a half percent in February industrial production is expected to fall by nearly 1%. Inflation is on the agenda is well with economists predicting a three tenths of 1% increase in February wholesale prices. Consumer prices are seen rising four -- and the conference board checks its economic crystal ball. With a look at its index of leading economic indicators Steve."

" Thanks Larry on this date in business history 1958. Ford produced the fifty million automobile the thunderbird. And in 1968. General Motors produced its 100. Million automobile. It was an Oldsmobile Coronado. Wall Street coming off a rarity lately a winning week for the week the Dow did -- 9%. As. Where each nearly 11% higher for the week but if you think this is the start of a new bull market -- and road today as a reality check."

" If you're one of those who thinks Wall Street soon could snap out of its bear market sorry this is a much bigger bear than first thought that bear market started in 2000 many people believe this just starting in 2007. Keith springer is president of capital financial advisory services we had a bear market rally in 20032007. An -- on the second leg of the market the second leg the secular bear market began in March 2000 Peter -- far is equity strategist at Miller tape Beck."

" We had tea and knock on the -- afterward a saddened but it was just in the context that in a market antipathy Denmark last 1520 years. We need only be -- dot."

" That would mean the end of the bear in 38. Springer says we have seen this movie before during the Great Depression nineteen."

" Point nine to 1932 we huge drop in the market -- 6% from 32 to 37 we saw a huge truck it. Mark of one of 371. Person always -- all back over the next three years."

" All right so now I've officially depressed that you and your. So it's time to talk trash with Java man. Goodbye Brittany hello Bernie yes Bernie Madoff. Is folks in the news business and generating a lot of copied these days. In their fear and broadcasting and maybe you've been hearing a lot about what's going on with financial scandals. And of course this means that we get to talk about scandal and scum bags and scams and let's bring in consume -- syndicates to talk about. How -- the media is producing different material for you to be reading about these days are listing to work or watching -- right right hand."

" That's right normally when you go to check -- line you see the latest on you know Angelina and brad and Jennifer something like that but the you know the financial meltdown. Against the -- on Wall Street these sort of more tabloid the publications web sites TV shows. Are shifting their focus and they're still doing entertainment stuff but but they're they're focusing on. What has happened people like Bernie Madoff and how. It is really affected Americans united some of the victims."

" And you know this tabloid Money Markets & More so of course always. Covering what's going on women -- years -- you design the perfumes. It's -- shipping them back we should we certainly have enough. Enough material. To promote scandalous you know week we get that thing all the different spokespeople we could have Hyundai brand made up. PO I always like Martha Stewart promoting sound. But that -- three years ago or -- aren't I got to move on with the times. But I guess you know you gotta do it every got to do to sell magazines newspapers to get eyeballs to get ears. And in some ways that's what this comes down to in this tough climate."

" Very tribute to DMZ for example it is a website that usually focuses on you know gossip and things like that what celebrities are doing today they broke the story. About how Northern Trust which is a bank that. That took about one half billion dollars in federal bailout money because the federal government asked them to but then turn apparently turned around. And hosted some you know lavish parties and things like this DMZ reported on it and the Northern Trust and -- cut the attention of you know people. And congress and Northern Trust actually have been saying their pay back you know the money it's not. On some of these more lavish items and EMC is very proud of that you know but the fact that they. You know brought -- maybe another sign that you know there's sort of the blurring it used to be just very young very distinct groups in the news and world. And tabloids are one thing in business reporting was another but maybe there's a little bit of blurring."

" Yeah I read the other day that ABC actually has a new us sitcom or actions they succumb to show in the works called hand. Did you hear about -- now I haven't it's going to be people in the investment world lose their jobs and they realize you know maybe I wasn't fit to be on Wall Street. When the investment arena ABC's working on that they. Apparently they're also working on a new -- show. Involving Kelsey Grammer as a Wall Street. Tight. Man he has problems too so it looks as -- this is moving just beyond DMZ either you know whoever else is out -- going to be part of our. Little entertainment world yeah."

" I'm I mean you know we've had lots of reality TV the last -- and this is certainly reality so that's -- with the numbers are doing."

" I just hope that have people magazine continues to focus on Jessica Simpson and what's going on her lines this is lost a lot of weight lately when did you see the pictures in the New York Daily News the other day now I didn't I don't read that tabloid but does the New York Daily News had a picture of Jessica -- looking slimmed down yes that's supposedly -- hear us now and maybe they'll have pictures of Jessica Simpson with Bernie Madoff. Why oh -- now oh my god that that would be the ultimate they go."

" Those on weekly world news and his picture of them with with bad boy or an alien or an alien nanny made -- he's an alien. He's an alien and a big house right now but the."

" How'd you like to be his friend and prison. And cakes are gossip between joining us to talk more about what's going on out there Andy anything on the osmond's how're they doing I haven't heard but I'll find out for please do let us know. And I know you want to know. I try not to know he announced. But sometimes I have to know the sooner -- that makes sense what you yen down now so and -- sought by the way folks if you want to write us some of you have been writing us. MarketWatch radio newsroom. As Yahoo.com MarketWatch radio newsroom at Yahoo.com. If you have something you want us talk about we will gladly give -- to that -- bank. And in a future show talk about your subject thanks and thank you."

" And that's it for Money Markets & More remembered to make contact you can write to us at MarketWatch radio newsroom at Yahoo.com. I'm Steve Potisk we'll see you next time."