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.
The euro will remain weak “for a while” because the European Union will have to bail out Greece, Bob McKee from Independent Strategy told CNBC Monday. Michael Browne from Sofaer Global Research and Alan Miller from Spencer-Churchill Miller Private joined the discussion.
CNBC’s Steve Liesman has highlights from the G-20 meeting and more.
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
“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.
Wall Street veteran Byron Wien unveiled his 2010 surprises list four months ago. The CNBC team takes a look at how his list is doing so far.
The European Central Bank left interest rates unchanged at 1.0%, as expected Thursday. Ian Stannard from BNP Paribas, Lothar Mentel, CIO of Octopus Investments, and Neil MacKinnon from VTB Capital discussed the outlook.