Reward Homeowners Who Pay Mortgages?
Airtime: Thurs. Aug. 12 2010 | 11:30 AM ET
Should the government reward homeowners who pay their mortgage? Erica Payne, of The Agenda Project, and CNBC’s Rick Santelli debate the topic.

Airtime: Thurs. Aug. 12 2010 | 11:30 AM ET
Should the government reward homeowners who pay their mortgage? Erica Payne, of The Agenda Project, and CNBC’s Rick Santelli debate the topic.

Battered auto giant Toyota is gearing up for more recalls, with CNBC’s Phil LeBeau.

“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”

“Concerns over a ‘double-dip’ recession seem overdone, but fears are unlikely to fade as economic tensions linger,” Ashok Shah, the Chief Investment Officer at London & Capital, told CNBC Wednesday.

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.

Some hotel properties are managing to buck the downturn, with Stephen Bartolin, The Broadmoor, and John Scott, Rosewood Hotels & Resorts.

Sovereign wealth funds have nearly $4 trillion of hidden assets ready to be spent, with Tom Buerkle, Institutional Investor International Editor.