BoE Holds Rates Steady
The Bank of England held interest rates at a record low, as widely expected Thursday. Anthony Gibbs from Vantage Capital Markets told CNBC that the UK could be facing an inflation problem.
Geithner on Obama's Economic Proposals
Treasury Secretary Timothy Geithner breaks down President Obama’s new economic proposals, which include a tax break for businesses.
Obama on the Economy
President Barack Obama discusses the “illusion of prosperity” in a speech about the economy.
Stocks Rally As EU Debt Woes Ease
Looking forward, the window is now open for disciplined investors to begin carefully buying high-ranked stocks again. It was encouraging to see a flurry of high-ranked leaders trigger fresh technical buy signals and break out of sound bases in recent sessions. The next important level to watch for the major averages are their respective 200-day moving average (DMA) lines. It is important to note that approximately 75% of FTDs lead to new sustained rallies, while 25% fail. In addition, every major rally in market history has begun with a FTD, but not every FTD leads to a new rally. Trade accordingly.
Future of the Fed
Discussing what the Fed should do next, with Frederic Mishkin former Federal Reserve Board governor and Columbia University economics professor.
Double-Dip Fears Unlikely to Fade
“Concerns over a ‘double-dip’ recession seem overdone, but fears are unlikely to fade as economic tensions linger,” Ashok Shah, the Chief Investment Officer at London & Capital, told CNBC Wednesday.
Stability of Australia's New Gov't
Discussing the stability of the new Australian government after the Labor Party narrowly secured a one-seat majority, with Nick Sherry, assistant treasurer of Australia and CNBC’s Karen Tso.
Stocks Fall Amid Fresh EU Debt Woes
Looking forward, the window is now open for disciplined investors to begin carefully buying high-ranked stocks again. It was encouraging to see a flurry of high-ranked leaders trigger fresh technical buy signals and break out of sound bases in recent sessions. The next important level to watch for the major averages are their respective 200-day moving average (DMA) lines. It is important to note that approximately 75% of FTDs lead to new sustained rallies, while 25% fail. In addition, every major rally in market history has begun with a FTD, but not every FTD leads to a new rally. Trade accordingly.
Obama's New Biz Tax Break Push
President Obama is expected to outline several new proposals aimed at boosting the economy, with CNBC’s Eamon Javers.
Regulation Must be Resilient: Trichet
Resistance to Basel III reforms is misplaced and creating a more resilient global system of regulation was crucial, European Central Bank President Jean-Claude Trichet told CNBC.