The Dow closed up 155 points Thursday in part because of central banks are planning to infuse additional money into its systems.
CNN's Erin Burnett calls the latest news another step in a line of temporary fixes and predicts France will be the next nation at the center of Europe's economic crisis.
Tune to Erin Burnett OutFront at 7/11 p ET. FULL POST
CNN's Erin Burnett talks to her economic strike team about their reaction to the jobs report and what they're doing to help America avoid the fiscal cliff.
CNN's Erin Burnett talks to Wolf Blitzer about the market's reaction to today's weak jobs report. Burnett speaks to her economic strike team, a group of CEO's and entrepreneurs about their reaction to the weak jobs report.
Tune in to Erin Burnett OutFront at 7p ET for more analysis on today's jobs report.
The numbers are staggering: a national debt of $15.6 trillion. What needs to be done now to defuse what some call the "debt bomb"? Could added stimulus be the key? Or is attacking the debt itself the answer? Sen. Tom Coburn, who's written a book called "The Debt Bomb", joined Erin Burnett.
Does the economy need another boost of stimulus? We asked the OutFront economic Strike Team. Here are some of their responses:
John Donahoe, CEO of eBay: The biggest threat to the economy is the growing deficit. We need to get Simpson/Bowles implemented soon after the election.
Alan Mulally, CEO of Ford: No need for more stimulus. We think a plan to deal with the deficit would be a positive step.
John Paul DeJoria, CEO of Paul Mitchell: No, the recovery in now on the way and it is time for us, the people of the United States of America, to step up and do everything that is necessary to continue the recovery. For example: every business out there should try to hire one more person. Every person looking for a job should try a little bit harder. Every consumer should make it a point to buy two more things that are made in America. By doing this we, the people, are saving the country and preventing unnecessary debt for our nation. We at Paul Mitchell will hire two more people and at John Paul Pet we will hire at least one more person to do our part.
Stuart Miller, CEO of Lennar: "We need to let the free markets work and start to focus on deficit reduction."
Erin Burnett OutFront airs weeknights at 7 p.m. ET. Designed to showcase Erin's unique style--casual, smart, and confident--OutFront stays ahead of the headlines, delivering a show that's in-depth and informative.
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