Art Cashin: Afternoon Trader Talk
Airtime: Mon. Aug. 16 2010 | 1:32 PM ET
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Airtime: Mon. Aug. 16 2010 | 1:32 PM ET
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
A look at the things you can still feel good about, with Joe Battipaglia, Stifel Nicolaus and David Kelly, JPMorgan.
Pimco’s Bill Gross the so-called “new normal” with CNBC.
Rating agencies don’t seem to have many friends these days, with Jerome Fons, former Moody’s managing director.
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.
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”
The way the recovery is being engineered is quite wrong, says David Roche, global strategist at Independent Strategy Ltd, as it is sowing the seeds of greater instability. He talks about the sovereign debt bubble, with CNBC’s Amanda Drury & Sri Jegarajah.