Pimco's Bill Gross Shares Investment Outlook
Airtime: Wed. Jun. 30 2010 | 2:05 PM ET
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru Bill Gross, of Pimco, shares his view.
Airtime: Wed. Jun. 30 2010 | 2:05 PM ET
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru Bill Gross, of Pimco, shares his view.
Fed chief Ben Bernanke discusses the future of housing finance in America.
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”
Stocks are “climbing a wall of worry and that tends to be the best kind of bull market,” Mike Lenhoff from Brewin Dolphin told CNBC Tuesday. Marc Ostwald from Monument Securities joined the discussion.
Parsing the jobs numbers, with CNBC’s Hampton Pearson; David Malpass, Encima Global president; Mark Zandi, Moody’s Economy.com chief economist; Andy Serwer, Fortune managing editor; Robert Barbera ITG chief economist; and CNBC’s Carl Quintanilla, Steve Liesman, Rick Santelli & Becky Quick.
The euro is likely to rally versus the dollar “into the $1.38 resistance area,” Roelof van den Akker from ING Commercial Banking told CNBC Tuesday. Akker also takes a technical look at the Xetra DAX.
Tom Ward, CEO of SandRidge, discusses the future of oil with the Fast Money crew.