PA sues over net neutrality/Stock market volatility

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What to look for on Smart Talk Thursday, February 8, 2018:

The average person on the street may not be able to explain net neutrality because they may or may not have come up against limitations when they logged on to the internet to view their favorite websites.

The Federal Communication Commission voted in December to repeal rules that regulated the broadband industry.  Those rules had been put in place under the Obama Administration.  They kept internet service providers from interfering with internet traffic or speeds and favoring some sites over others.  Republicans, who are in the majority on the FCC, said the rules were burdensome regulations to providers like Comcast and Verizon and restricted investment in infrastructure.

Pennsylvania Attorney General Josh Shapiro was one of 22 attorneys general who filed suit claiming consumers would be harmed by possible rising prices and limited choices of websites.

Attorney General Shapiro explains on Thursday’s Smart Talk.

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Pennsylvania Attorney General Josh Shapiro

Also, the record-smashing rise in the stock market over the past year or so came to an abrupt halt last Friday and Monday when the Down Jones Industrial Average lost 666 points one day and 1,175 the next.  The market did bounce back later in the week, but it left many investors and 401K holders nervous about the market’s ups and downs.

On Thursday’s Smart Talk, we discuss what’s behind the volatility with Scott Ehrig, Co-Chief Investment Officer with FMA Advisory.

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Scott Ehrig, Co-Chief Investment Officer with FMA Advisory