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.
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
The G20 Summit in Toronto wrapped up yesterday after two days of high-intensity meetings with world leaders, with Raghuram Rajan, University of Chicago-Booth School of Business and John Engler, National Association Of Manufacturers CEO.
Emerging Inflation to Squeeze West, Inflation in emerging markets is a major issue for Western companies as input prices are set to rise because of it, Philippa Malmgren, president of Principalis Asset Management, told CNBC Wednesday.
Portuguese Central Bank Governor Vitor Constancio was formally approved by EU finance ministers as the next vice president of the ECB Tuesday. Constancio could be considered “dovish,” Nick Matthews from RBS told CNBC.
There are over 210 million people unemployed across the globe which is an increase of 30 million since 2007, Juan Somavia, director general of the ILO, told CNBC.
Art Cashin, of UBS, and Alan Valdes, of Kabrik Trading, share their market insight