Positive Sign for Hotel Industry
Airtime: Mon. Sept. 13 2010 | 10:07 AM ET
Insight on the hotel price index report, with David Roche, president of Hotels.com.
Airtime: Mon. Sept. 13 2010 | 10:07 AM ET
Insight on the hotel price index report, with David Roche, president of Hotels.com.
Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.
As the Japanese yen hits an 8-month high against the dollar, Timothy Connors, corporate forex manager at Custom House Western Union, speaks to CNBC’s Yousef Gamal El-Din, Maithreyi Seetharaman & Sri Jegarajah about whether the BOJ will intervene to slow the currency’s climb.
“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.