Nouriel Roubini's Predictions
Discussing the chances of a double-dip, with Nouriel Roubini, RGEMonitor.com and NYU Stern School of Business professor.
Discussing the chances of a double-dip, with Nouriel Roubini, RGEMonitor.com and NYU Stern School of Business professor.
China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.
The U.S. will be making a huge mistake if it does go ahead and sign an anti-China trade sanction bill, warns Stephen Roach, chairman of Morgan Stanley. He explains why to CNBC’s Bernard Lo & Karen Tso.
Insight on financial reform, the Volcker rule and derivatives legislation, with Bill Isaac, former FDIC chief and Paul Volcker, former Federal Reserve chairman.
The benchmark S&P 500 Index marked Day 14 of its current rally attempt and is currently encountering resistance just below its 200 DMA line. The Dow Jones Industrial Average marked Day 5 of its latest rally attempt while the Nasdaq Composite marked Day 3. At this point, the window is now open for the major averages to produce a sound follow-through day (FTD) until the recent lows are breached. Furthermore, it is well known that a market should not be considered “healthy” unless it trades above its rising 200-day moving average (DMA) line. The fact that all the major averages are below both their 50 & 200 DMA lines bodes poorly for the near term. That said, the bears will likely remain in control until the popular averages close above their important moving averages. Trade accordingly.
Insight on the regulatory debate surrounding hedge funds, with Sebastian Mallaby, author of “More Money Than God.”
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.
French and German banks are still the most exposed to debt-ridden euro zone countries, according to data from the Bank of International Settlements. Arturo De Frias from Evolution Securities has analysis Monday.
Wynn Resorts expects the high-end gambling market to lead growth, contrary to what Macau rival SJM is predicting. Steve Wynn, chairman & CEO of Wynn Resorts, explains his views to CNBC’s Bernard Lo.
A look at who are the lead underwriters to GM, with Robert Kapito, Blackrock president; Steve Cortes, Veracruz LLC; Gary Kaminsky, CNBC contributing editor; and CNBC’s David Faber & Kate Kelly.