Checking Market Pulse: Art Cashin, UBS
Airtime: Mon. Mar. 29 2010 | 1:36 PM ET
Insight on the markets, with Art Cashin, UBS.
Airtime: Mon. Mar. 29 2010 | 1:36 PM ET
Insight on the markets, with Art Cashin, UBS.
The debt situation of Portugal is close to that of Spain so Spanish investors are in a tough position after the downgrade of Portugal, Pablo García from ODDO Securities told CNBC Thursday.
The growth for emerging markets remains robust despite the euro zone sovereign debt crisis, says Stefan Hofer, emerging markets strategist at Bank Julius Baer. He tells CNBC’s Stephen Sedgwick & Chloe Cho more.
Van Anantha Nageswaran, chief investment officer, Bank Julius Baer, believes the probability of a double-dip is higher in 2011 than 2010. He tells CNBC’s Oriel Morrison & Bernard Lo that there are various headwinds ahead for the global economy.
Vulture investor Wilbur Ross, along with private equity firm Carlyle and Dublin-based Cardinal Group, will buy troubled Irish bank Education Savings Bank, Ross tells CNBC.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
Euro zone GDP grew 1.7% year-on-year in the second quarter. Julian Callow from Barclays Capital told CNBC the strong result was largely due to German economic growth. Lothar Mentel, CIO of Octopus Investments, joined the discussion.