1-on-1 with George Soros
Billionaire investor George Soros tells CNBC the world is headed toward an economic slowdown in 2011 and politics is going to prevent US leaders from passing much needed fiscal stimulus.
Billionaire investor George Soros tells CNBC the world is headed toward an economic slowdown in 2011 and politics is going to prevent US leaders from passing much needed fiscal stimulus.
So far, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been very strong and stocks are simply pausing to consolidate their recent gains. It was encouraging to see the bulls show up and defend support (formerly resistance) in recent weeks. The next level of support for the major averages is their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. Trade accordingly.
Is it time to roll the dice on casino stocks? David Katz, of Jefferies, and Robert LaFleur, of Hudson Securities, share their insight.
Discussing Microsoft’s new mobile phone software, with CNBC’s Jon Fortt, and Steve Ballmer, Microsoft CEO.
Discussing the risk of global currency wars, with Christian Carillo, head of Asia-Pacific interest rate strategy at Societe Generale Corporate & investment Banking. He tells CNBC’s Karen Tso and Sri Jegarajah, that with economies underperforming, domestic political pressures will increase for measures that will not be beneficial to anyone.
WSJ – Why a Bad Jobs Report May Be Good for Stocks. Adam Sarhan media quote
So far, the action since this rally was confirmed on the September 1, 2010 follow-through day (FTD) has been very strong and stocks are simply pausing to consolidate their recent gains. It was encouraging to see the bulls show up and defend support (formerly resistance) in recent weeks. The next level of support for the major averages is their respective 200-day moving average (DMA) lines while the next level of resistance is their respective April highs. Trade accordingly.
Airtime: Fri. Oct. 8 2010 | 8:31 AM ET
A reaction on the September employment data, with Mark Zandi, Moody’s Analytics; Diane Swonk, Mesirow Financial; James Bullard, St. Louis Federal Reserve Bank CEO/president; Laurence Meyer Macroeconomic Advisers; John Taylor, former Treasury economic policy advisor.
An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.
Charts: Beware of Euro Dips vs Dollar. The euro is likely to continue its rise against the dollar in the long term, but investors should watch out for setbacks in the near term, Royce Tostrams, technical analyst at Tostrams Groep, told CNBC Friday.