Crescenzi's Final Thoughts
Airtime: Fri. Aug. 27 2010 | 8:58 AM ET
Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.
Airtime: Fri. Aug. 27 2010 | 8:58 AM ET
Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.
President Barack Obama discusses his plans to allow oil and natural gas exploration in the U.S. to reduce U.S. dependence on foreign oil.
Toronto-based minder Barrick Gold posting better-than-expected earnings, with Aaron Regent, Barrick Gold CEO.
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
“I think it would be very good for the world to have deflation … at this level I’m not particularly interesting in buying anything,” Marc Faber of “The Gloom, Boom & Doom Report” told CNBC Thursday. Guillaume Salomon from TD Securities and Steen Jakobsen from Limus Capital Partners joined the discussion.
With the Bank of Japan set to ease policy again, Masayuki Kichikawa, chief Japan economist at Merrill Lynch, discusses the options the central bank has in its toolbox. He speaks to CNBC’s Sri Jegarajah & Karen Tso.
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.