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.
The Bank of England left interest rates and its quantitative easing program unchanged Thursday, as expected. Lothar Mentel, CIO from Octopus Investments, and Anthony Gibbs from Vantage Capital Markets, discuss the outlook.
If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”
Kansas City Fed President Thomas Hoenig testifies to a House Field Committee on the economy and the issue of too big to fail.
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.
Airtime: Thurs. Mar. 25 2010 | “I’m a long-term equity bull, however the long-term doesn’t include the next six to eight weeks,” Julius De Kempenaer, manager at Taler Trend Fund, told CNBC Thursday. “For the next couple of weeks I’d expect a slightly lower Euro Stoxx 50 Index and stocks in general in Europe,” he said.
Mongolian Mining Corp is set to debut on the Hong Kong market today. In this First on CNBC interview, its executive director & chairman Odjargal Jambaljamts, sheds more light on its corporate strategy going forward, with CNBC’s Bernard Lo, Lisa Oake & Sri Jegarajah.