S&P Case Shiller Index: Home Prices Rise
Airtime: Tues. Aug. 31 2010 | 10:18 AM ET
The latest Case Shiller Index beat expectations, showing a surprising surge in June, with CNBC’s Diana Olick.
Airtime: Tues. Aug. 31 2010 | 10:18 AM ET
The latest Case Shiller Index beat expectations, showing a surprising surge in June, with CNBC’s Diana Olick.
“I think what will actually happen to Greece and a lot of the other countries is, at best, stagflation,” legendary investor Wilbur Ross, of WL Ross & Co., told CNBC.
CNBC’s Rick Santelli has the breakdown of the economic data and analysis with Tony Crescenzi, Pimco senior VP/market strategist & portfolio manager; Barry Knapp, Barclays PLC head of U.S. portfolio strategy; Frederic Mishkin former Federal Reserve Board governor and CNBC’s Steve Liesman.
Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.
Discussing the election and the decision of the Canadian government to intervene in the BHP/Potash situation, with Jack Welch, former GE CEO and “Straight from the Gut” author.
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.
It’s very important for the Chinese economy to maintain its stable trajectory. A stable growth path for the Chinese economy is good for global growth, Andrew Sheng from China Banking Regulatory Commission said Friday. The fiscal stimulus has been very positive. Growth has come back but uncertainties remain, he added.