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.
Buffett on Deal Making, Financial Regulation. Legendary investor Warren Buffett, CEO and chairman of Berkshire Hathaway, talks to CNBC.
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.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
Where the economy is headed next, with Stephen Roach, Yale University professor and Morgan Stanley non-executive chairman.
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
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.