Bears Battering The Bulls
Airtime: Tues. Jul. 6 2010 | 8:02 AM ET
Insight on employment and the markets, with Rich Bernstein, Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business.
Airtime: Tues. Jul. 6 2010 | 8:02 AM ET
Insight on employment and the markets, with Rich Bernstein, Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business.
The euro will remain weak “for a while” because the European Union will have to bail out Greece, Bob McKee from Independent Strategy told CNBC Monday. Michael Browne from Sofaer Global Research and Alan Miller from Spencer-Churchill Miller Private joined the discussion.
The euro is “ludicrously” for many of the struggling European countries such as Greece, but it is even too high for Germany, which is a competitive country, Roger Nightingale from Pointon York told CNBC Monday. Nightingale considers the future of the monetary union.
Pimco’s Bill Gross the so-called “new normal” with CNBC.
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
David Komansky, of Field Point Private Bank, discusses his firm’s unique business approach with CNBC and shares his outlook for the overall financial industry.
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.