Bill Gross: Liquidity Trap Part I
Airtime: Wed. Oct. 27 2010 | 2:15 PM ET
Pimco’s Bill Gross tells CNBC why he thinks we’re in a liquidity trap.
Airtime: Wed. Oct. 27 2010 | 2:15 PM ET
Pimco’s Bill Gross tells CNBC why he thinks we’re in a liquidity trap.
The Spanish banking system was the most tested of all the EU nations with 95% of lenders going through stress tests. Jorge Gil from Confederación Española de Cajas de Ahorros and Jose Carlos Diez from Intermoney spoke to CNBC Monday.
Waiting for and reacting to the Fed’s decision on rates and QE2, with Bill Gross, PIMCO co-founder; Kenneth Heebner, portfolio manager of CGM Realty Fund; and CNBC’s Steve Liesman, Erin Burnett & Hampton Pearson.
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
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Reflecting on recent trade numbers out of China, Diana Choyleva, director of Lombard Street Research, says real domestic demand in the mainland stalled in the second quarter. She assesses the slew of China’s economic data with CNBC’s Oriel Morrison and Bernard Lo.