Feb. PPI Down -0.6%
Airtime: Wed. Mar. 17 2010 |
Producer prices fell more than expected, with the PPI down 0.6 percent. Core PPI rose 0.1 percent. The CNBC news team and Larry Levin, of Trading Advantage, parse the data.
Airtime: Wed. Mar. 17 2010 |
Producer prices fell more than expected, with the PPI down 0.6 percent. Core PPI rose 0.1 percent. The CNBC news team and Larry Levin, of Trading Advantage, parse the data.
Japan’s economy slowed sharply in the second quarter with GDP missing forecasts. Jesper Koll, managing director & head of Japanese equity research at JPMorgan Securities Japan, tells CNBC’s Kaori Enjoji that this is a clear indication the country remains ensnared in deflation.
The markets are fighting with the flatline today, with Abby Joseph Cohen, Goldman Sachs.
Stocks fall on disappointing revenues, with CNBC’s Kate Kelly, Bob Pisani & Scott Wapner.
President Obama is expected to outline several new proposals aimed at boosting the economy, with CNBC’s Eamon Javers.
The market is pricing in another euro fudge; the EU has always fudged its way around fundamental issues,” Julian Pendock from Senhouse Capital told CNBC Wednesday when discussing the outlook for stocks in the wake of Greece’s debt problems.
Carlos Ghosn, president & CEO of Nissan-Renault, tells CNBC’s Kaori Enjoji that the way the car industry is going, “scale and collaboration” between different auto manufacturers is becoming increasingly important.