Chanos Shares Short View on the Markets
Airtime: Thurs. Feb. 4 2010 | 7:05 AM ET
Famed short-seller James Chanos, president of Kynikos Associates, shares his market insight.
Airtime: Thurs. Feb. 4 2010 | 7:05 AM ET
Famed short-seller James Chanos, president of Kynikos Associates, shares his market insight.
Australian PM Kevin Rudd has quit and his deputy, Julia Gillard has been elected as the country’s first female PM. Colin Whitehead, analyst at Fat Prophets & Colin Chapman, Asia Pacific VP at Strategic Forecasting, assess this news, with CNBC’s Karen Tso, Bernard Lo, Sri Jegarajah & Matthew Taylor.
Cisco Systems reported sales of $10.4 billion for the third quarter. John Chambers, CEO of Cisco Systems, tells CNBC that Cisco gained market share in every product category in the last quarter.
Stocks are “climbing a wall of worry and that tends to be the best kind of bull market,” Mike Lenhoff from Brewin Dolphin told CNBC Tuesday. Marc Ostwald from Monument Securities joined the discussion.
Discussing the future outcomes of the global economy and how things are continuing to change, with Mohamed El-Erian, Pimco co-CEO; Ed Yardeni, Yardeni Research president; former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
Hungary is definitely not in the same position on its debt as Greece, Economy Minister Gyorgy Matolcsy told CNBC. The new government will keep the budget deficit at 3.8 percent of gross domestic product, Matolcsy pledged.
The dollar is still going up and has a chance to create a “good top” in the near-term, Bill McLaren, independent trader, said Friday. He also looks at the chart for the S&P 500 index.