Berkshire Wingman- David Sokol
Airtime: Fri. Apr. 30 2010 | 7:15 AM ET
Flying through an economic storm, with David Sokol, MidAmerican chairman.
Airtime: Fri. Apr. 30 2010 | 7:15 AM ET
Flying through an economic storm, with David Sokol, MidAmerican chairman.
It’s very important for the Chinese economy to maintain its stable trajectory. A stable growth path for the Chinese economy is good for global growth, Andrew Sheng from China Banking Regulatory Commission said Friday. The fiscal stimulus has been very positive. Growth has come back but uncertainties remain, he added.
Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
Companies with a “compelling brand message” will outperform companies without during tough economic times, Angela Ahrendts, CEO of Burberry, told CNBC during London fashion week.
If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”
GDP: Glass Half Full or Empty?