Econ Analysis: CPI, Jobless Claims
Airtime: Thurs. Mar. 18 2010 |
The CNBC news team parses today’s economic data.
Airtime: Thurs. Mar. 18 2010 |
The CNBC news team parses today’s economic data.
Adam Leitman Bailey, a real estate attorney, and Ilan Bracha, of Prudential Douglas Elliman, discuss whether it makes more sense to rent or buy in this market.
President Barack Obama discusses the role of manufacturing in the American economy and signs into law the Manufacturing Enhancement Act.
The benchmark S&P 500 Index currently has 5 distribution days while the Nasdaq Composite and Dow Jones Industrial Average have 4 since the March 1, 2010 follow-though-day (FTD). These distribution days have not been damaging, however the simple fact that we currently have 5 distribution days for the S&P 500 suggests a more cautious approach may be prudent. Trade accordingly.
As European governments promised they will take steps to reduce gaping budget deficits, famous investor Jim Rogers told CNBC he bought the single European currency. Luca Silipo from Natixis and David Kotok from Cumberland Advisors joined the discussion.
During a crisis, there will often be “crumbs of comfort” from economic data, but these should be ignored, Moorad Choudhry from London Metropolitan University told CNBC Friday.
Discussing what impact the death of Senator Byrd will have on financial regulatory overhaul, with CNBC’s Eamon Javers