A Bottom for Housing? -Ara Hovnanian
Airtime: Thurs. Sept. 9 2010 | 7:10 AM ET
Insight on the state of housing, with Ara Hovnanian, president & CEO of Hovnanian Enterprises.
Airtime: Thurs. Sept. 9 2010 | 7:10 AM ET
Insight on the state of housing, with Ara Hovnanian, president & CEO of Hovnanian Enterprises.
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.
CNBC’s Darren Rovell goes one on one with basketball legend Michael Jordon on his next slam dunk.
Private equity firm Fortress Investment Group has made two deals in the commercial real estate arena. Daniel Mudd, CEO of the Fortress Investment Group, discusses the deals with CNBC.
“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.
Fed Chairman Ben Bernanke testifies before the House Budget Committee.
Insight on the government’s second report on inflation, with CNBC’s Rick Santelli.