El-Erian on the Markets 3.15.10
Airtime: Mon. Mar. 15 2010 |
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.

Airtime: Mon. Mar. 15 2010 |
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.

The Bank of England left interest rates and its quantitative easing program unchanged Thursday, as expected. Lothar Mentel, CIO from Octopus Investments, and Anthony Gibbs from Vantage Capital Markets, discuss the outlook.

President Obama makes comments on financial regulation progress in the Senate.

The level of compliance to oil quotas among OPEC members has been sinking in recent months. OPEC compliance is now a cause for concern, HE Abdalla Salem El Badri, secretary general of OPEC, told CNBC Wednesday. El Badri added that OPEC is seeing strong demand growth from China and India.

Treasury Secretary Timothy Geithner discusses the German ban on short selling and the steps Europe is taking toward economic and financial reform. He also discusses U.S. contingency plans in the event European aid falls through with CNBC’s Erin Burnett.

Arthur Cashin, director of floor operations at UBS, has the buzz from the NYSE

The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.