he's mark skousen,ditor of orecasts and strategies." >> susie: alers are expecting a rushn this last weekend for cashor clunkers deals, but what happens next with clunks clai and future sales. >>aul: i'm paul kangas. >> susie: and i'm sie gharib. this i"nightly business report" for friday, august 2 "nigly business report" is made possible by: this progr was made possible by contributions to yourbs station fr viewers like you. thank you. captiong sponsored by wpbt >> sus: good evening, eryone. bebernanke said today the proscts for economic growth in the u.s. aear to be "good," and those comments trigger a stock market rly. speaking at a conferencen jackson le, wyoming, the fedel reserve chairman gave a more upbeat forecast comred to the fes statement last week after a central bank poly meing. but bernan also warned of ritical challenges". specifically, bernan said financial firms fa "significant losse" businesses and nsumers are experiencing difficulty in tting credit, the economic recovery wille "relatively slow," a he expecta gradual recovery in unemployment. bernanke defended the a

he's mark skousen, etor of "fecasts and strategies." >> susie: deers are expecting a rush othis last weekend for cash f clunkers deals, but at happens next with clunker claimsnd future sales. >> pl: i'm paul kangas. >> susie: and i'm sue gharib. this is ightly business port" for friday, august 21. "night business report" is made possible by: this programas made possible by contributions to your p station fromiewers like you. thank you. captioni sponsored by wpbt >> susiegood evening, evyone. ben rnanke said today the prospes for economic growth in the u.s. appr to be "good," and those comments triggered stock market ral. speaking at a conference i jackson ho, wyoming, the federareserve chairman gave a more upbeat forecast compad to the fed'statement last week after a central bank polic meetg. but bernankelso warned of "ctical challenges". specifically, bernankeaid financial firms face "significant losses,businesses and coumers are experiencing difficulty in geing credit, the economic recovery will b "relatively slow," ande expects gradual recovery in employment. bernanke defended the

. >> paul: tomorrow, our friy market monit guest is mark skousen, editor of thenvesting newsletter "recasts and strategies >> susie: yourorning caffeine fix could soon ct a little more, as starbucks aounced price changes toda in some citi, the coffee chain is charging upo 25 cents more for its most complex coffe concoctions li frappacinos. buit's trimming prices on some basic drinks by a niel to ten cents. starbucks says the changes wl go nationwide over the nexfew months. >>aul: no signs of the recessn at jet blue. the airline has sold o of its $5 "all you can jet" passes. the company saidt received overelming demand for the deal, ich allows unlimited travel between stember 8 and october 8 on jet blue plan. the sellout comes a week aer the de was launched and two days bore the offer was scheduled to end. >> susie: here's a look at what's happeng tomorrow. federal reserve chairman ben bernanke gives his reflectns on year in crisis at a fed conferencen jackson hole, wyoming. also tomorrow, existing home sales are released and quartly resultfrom j.m. smucker and ann taor stores. if the recess

. >> jeff: here's a look at what's happening next week: our friday market monitor guest is mark skousen, editor of "forecasts and strategies." on the economic calendar: tuesday, we'll see july's producer price index along with july housing starts. wednesday, we'll see the weekly report on crude oil and gasoline inventories. thursday, it's weekly jobless claims and the july leading indicators. friday, existing home sales for july. also, next week, quarterly results from hewlett packard, home depot, lowe's, sears and target. >> paul: my guest market monitor this week is james stack, president of stack financial management and publisher of the investech research market letter. jim welcome back to n.b.r. still decisively bullish, yes, i think we have more potential gains ahead. we have to keep in mind by historical standards this market is way off its highs. both the dow and the s&p would have to gain over 50% from today's levels to get back to where this bear market started. >> paul: something that seems to trouble wall street quite a bit is this fading consumer sentiment we saw today. wha

. >> paul: tomorrow, our fday market monor guest is mark skousen, editor of t investing newsletterforecasts and strategi." >> susie: yo morning caffeine fix could soonost a little more, as starbucksnnounced price changes toy. in some cities, e coffee chain is charging up to cents more for its most complex cofe concoctions ke frappacinos. t it's trimming prices on so basic drinks by a ckel to ten cents. starbucks says the changesill go nationwide over the nt few months. paul: no signs of the receion at jet blue. the airline has soldut of its 99 "all you can jet" passes. the company sa it received ovwhelming demand for the dealwhich allows unlimited travel betweeneptember 8 and october 8 on jet blue ples. the sellout comes a weekfter the al was launched and two daysefore the offer was scheduled to end. >> susie: here's a look at what's hapning tomorrow. federal reserve chairman b bernanke gives his refleions a year in crisis at a fed conferen in jackson hole, wyoming. also tomorrow, existing ho sas are released and quarterly results fr j.m. smucker and ann taylortores. the recession is windin