Russian Rates Cut Again
Airtime: Fri. Mar. 26 2010 |
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Airtime: Fri. Mar. 26 2010 |
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
A slowdown in China’s economy will have a smaller impact on Asia than a slowdown in the euro zone, says Dominique Dwor-Frecaut, macro strategist from Royal Bank of Scotland. She speaks with CNBC’s Chloe Cho and Anna Edwards about why she believes we are in the early stages of the global financial crisis.
US unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday. Jim Iuorio, of TJM Institutional Investors; Jerry Webman, of Oppenheimer Funds; Andrew Ross Sorkin, of the NY Times; and CNBC’s Steve Liesma discuss.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Discussing what the Fed should do next, with Frederic Mishkin former Federal Reserve Board governor and Columbia University economics professor.
It is not too late to get into stocks if investors have a 6-month outlook, Peter Morici from University Of Maryland Smith School Of Business told CNBC Thursday. Justin Urquhart Stewart from Seven Investment Management joined the discussion.
We’re making a move into equities, period, says Bill Gross, CIO of Pimco, as this asset class is almost as secure as the sovereigns themselves. He explains this shift in strategy, with CNBC’s Karen Tso, Sri Jegarajah & Martin Soong.