Wilbur Ross on European Debt Crisis
“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.
What Wall Street Titans Own
A look into what the titans of Wall Street are buying, with CNBC’s Tyler Mathisen.
Global Debt Fever
Discussing today’s major market comeback, with Peter Navarro University Of California; Jack Albin, Harris Private Bank; Dan Fitzpatrick, StockMarketMentor.com; CNBC’s Brian Shactman and Sharon Epperson.
Cramer Six Reasons To Buy Gold Right Now
Gold is not only the best play when stocks are down, it is great insurance against economic chaos and a great hedge against inflation.
Here are six reasons why you should buy gold right now:
Dependability
Can’t Be Copied
Timeless
A Win-Win
Rarity
It’s Universal
Stocks End Higher As Crude & Copper Slice Below 200 DMA Lines
The NYSE composite closed below its respective 200 DMA line for the second straight session which is not a healthy sign. Furthermore, the S&P 500 and the Nasdaq composite undercut last Monday’s lows which means the day count has been reset for those indexes. However, the Dow Jones Industrial Average has yet to violate last Monday’s low which means that it just finished Day 6 of its current rally attempt and the window for a proper FTD remains open (until 5.10.10’s low of 10,386 is breached). What does all this mean for investors? Simple, the market is in a correction which reiterates the importance of adopting a defense stance until a new rally is confirmed. Trade accordingly.
Oil Dips Below $70
Oil dipping below $70 a barrel this morning, with John Kilduff, Round Earth Capital.
Ron Paul on Debt Contagion Fears
The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.
Politics: The Blame Game
The Blame Game
Gold Bull vs. Bear
Tom O’Brien, editor of The Gold Report, expects a $200 pullback in gold, and Brian Hicks, of US Global Investors, thinks the commodity could soar to $1,500. They go head-to-head on CNBC.
Recession's Toll on Baby Boomers
Discussing the impact of the recession on baby boomers, with CNBC’s David Faber.