The Return of Volume
Airtime: Wed. Oct. 6 2010 | 1:07 PM ET
Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.
Airtime: Wed. Oct. 6 2010 | 1:07 PM ET
Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.
Ara Hovnanian, CEO of Hovnanian Enterprises, tells CNBC the real estate market is bouncing back.
Legendary value investor Mario Gabelli, CIO of Gamco Investors, shares his market insight with CNBC.
The Fidelity China Special Situations Fund launched Monday and has managed to raise £460 million. Tom Stevenson from Fidelity told CNBC it was the biggest emerging market fund launch in the last 20 years.
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
A slowdown in China’s economy will have a smaller impact on Asia than a slowdown in the euro zone, says Dominique Dwor-Frecaut, macro strategist from Royal Bank of Scotland. She speaks with CNBC’s Chloe Cho and Anna Edwards about why she believes we are in the early stages of the global financial crisis.
“The Bailout Boys” is an animated video featuring former US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.