V-Shaped Recovery Signs In 2010
Airtime: Mon. Apr. 26 2010 | 7:40 PM ET
A look at the V-shaped indicators, with Don Luskin, Trend Macro; Stefan Abrams, Bryden-Adams Investment and Brian Wesbury, First Trust Advisors.

Airtime: Mon. Apr. 26 2010 | 7:40 PM ET
A look at the V-shaped indicators, with Don Luskin, Trend Macro; Stefan Abrams, Bryden-Adams Investment and Brian Wesbury, First Trust Advisors.

Bank of Canada Governor Mark Carney is the only central banker in the G7 to raise interest rates this year, with CNBC’s Steve Liesman, and Mark Carney, Bank of Canada governor.

Boone Pickens, founder and CEO of BP Capital, discusses oil, clean energy and the BP spill with CNBC.

Boone’s Biggest Mistake

“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”

“I think what will actually happen to Greece and a lot of the other countries is, at best, stagflation,” legendary investor Wilbur Ross, of WL Ross & Co., told CNBC.

The $100 Singapore levy will not turn our customers away, says Sheldon Adelson, chairman & CEO of Las Vegas Sands. He explains why and tells CNBC’s Christine Tan that the company is projecting over $1 billion in annual earnings when the resort is fully operational.