Buffett on Banks, Earthquakes & More 3.1.10
Airtime: Mon. Mar. 1 2010 |
Legendary investor Warren Buffett, chairman and CEO of Berkshire Hathaway, talks to CNBC about bank failures, earthquake insurance and more.
Airtime: Mon. Mar. 1 2010 |
Legendary investor Warren Buffett, chairman and CEO of Berkshire Hathaway, talks to CNBC about bank failures, earthquake insurance and more.
Former Fed Chairman & current head of the President’s Economic Advisory Panel Paul Volcker gives his opening statement to a House Financial Services Committee hearing on the link between bank supervision and monetary policy.
The Fidelity China Special Situations Fund launched Monday and has managed to raise £460 million. Tom Stevenson from Fidelity told CNBC it was the biggest emerging market fund launch in the last 20 years.
Insight on the latest jobless claims report, with CNBC’s Rick Santelli.
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
Key meetings are still underway on what to do with Greece. The CNBC news team has the details on this and what it means for Portugal.
“The euro is a very credible currency, a currency that has a track record of keeping its value (and) is a major asset for investors,” ECB President Jean-Claude Trichet told CNBC after the central bank left interest rates on hold Thursday.