Global Growth to Zero?
Airtime: Tues. Jul. 20 2010 | 11:14 AM ET
An influential Wall Street firm is warning world growth could go to zero if central banks and governments begin to pull back, with CNBC’s Steve Liesman.
Airtime: Tues. Jul. 20 2010 | 11:14 AM ET
An influential Wall Street firm is warning world growth could go to zero if central banks and governments begin to pull back, with CNBC’s Steve Liesman.
Insight on the markets with Art Cashin, UBS.
Real estate mogul Sam Zell’s firm is bullish on the New York market but really sees tremendous opportunity in the growing economy of Brazil, which Zell calls the US in 1950.
Obama Creates Fiscal Responsibility Commission. Airtime: Thurs. Feb. 18 2010 | 10:10 AM ET
President Obama announces the creation of a bi-partisan National Commission on Fiscal Responsibility and Reform.
Warren Buffett answers questions about the rating agencies before the Financial Crisis Inquiry Committee. The Commission is holding a hearing entitled “Credibility of Credit Ratings, the Investment Decisions Made Based on Those Ratings, and the Financial Crisis.”
“The real economy has improved,” Yuwa Hendrick-Wong from MasterCard Worldwide said Wednesday. “At the moment, equities everywhere, especially in Europe, to a lesser extent in the US, are way ahead from what we can see in the real economy.” He sees stocks going into a “period of volatility.”
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.