Word on the Street- Art Cashin & Matthew Cheslock
Airtime: Mon. Aug. 9 2010 | 9:15 AM ET
The buzz on Wall Street with Matthew Cheslock, of the Cohen Capital Group, and Art Cashin, of UBS.
Airtime: Mon. Aug. 9 2010 | 9:15 AM ET
The buzz on Wall Street with Matthew Cheslock, of the Cohen Capital Group, and Art Cashin, of UBS.
Thanks to the cloud computing craze, shares of Rackspace Hosting have jumped 50% over the past three months. The company’s CEO, Lanham Napier, talks to the Fast Money traders about this hot sector.
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
“The bond vigilantes are one by one picking off the weakest countries starting with Greece,” Neil Michael from London & Capital told CNBC Wednesday. The “vigilantes” are telling governments to “get a grip of their public finances,” he added.
The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.
Parsing Obama’s “Investing in America” town hall meeting with Diane Swonk, of Mesirow Financial; Robert Doll, of BlackRock; and Bill Gross, of Pimco.
Insight on women in the banking business, with Diane Reyes, Citigroup global head of payments; Shelaghmichael Brown, BBVA Compass; Susan Ehrlich, Sears Financial Services; Carla Harris, Morgan Stanley Investment Management; Michelle Van Dyke, Fifth Third Bancorp; and Barb Rehm, US Banker.