Personal Income & Spending May 2010
Airtime: Fri. May 28 2010 | 8:30 AM ET
Personal income in April moved higher, with Ed Lazear, fmr. chairman of the President’s Council of Economic Advisers, and the CNBC news team.
Airtime: Fri. May 28 2010 | 8:30 AM ET
Personal income in April moved higher, with Ed Lazear, fmr. chairman of the President’s Council of Economic Advisers, and the CNBC news team.
Gold is rapidly approaching the $1,300 mark, and James DiGeorgia, publisher of the “Gold & Energy Advisor,” says this is just the beginning of the bullion breakout.
“After the huge rallies of last year I think it’s time for the markets to consolidate,” Ashok Shah, CIO of London & Capital, told CNBC Tuesday. “There is a risk of a double dip recession around the corner,” he added when discussing the economic outlook for Europe.
Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.
Discussing the risk of global currency wars, with Christian Carillo, head of Asia-Pacific interest rate strategy at Societe Generale Corporate & investment Banking. He tells CNBC’s Karen Tso and Sri Jegarajah, that with economies underperforming, domestic political pressures will increase for measures that will not be beneficial to anyone.
Discussing the road ahead with Mark Hurd, Hewlett Packard chairman/CEO.
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.