Inside Fed Beige Book: April 2010
A breakdown of the Fed’s latest Beige Book, with CNBC’s Steve Liesman and James Bianco, Bianco Research and Lou Brien, DRW Trading Strategist.
A breakdown of the Fed’s latest Beige Book, with CNBC’s Steve Liesman and James Bianco, Bianco Research and Lou Brien, DRW Trading Strategist.
America’s biggest headache is big business for your friendly neighborhood accountant. CNBC talks taxes with Russ Smyth, CEO of H&R Block.
Hedge fund Skybridge Capital is entering into a definitive agreement to acquire Citi’s fund of hedge funds, seeding and advisory businesses. Anthony Scaramucci, managing partner of Skybridge Capital, discusses the deal with CNBC.
Econ Analysis: CPI, Retail Sales,
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
Han De Jong, chief economist at ABN Amro Private Banking, says Singapore’s open economy is benefiting from rapid growth in world trade. Q1 GDP surged a stunning +32% compared to the first quarter of 2009. He shares his interpretation of the island’s latest GDP data, with CNBC’s Martin Soong and Adam Bakhtiar.
The benchmark S&P 500 Index currently has 5 distribution days while the Nasdaq Composite and Dow Jones Industrial Average have 4 since the March 1, 2010 follow-though-day (FTD). These distribution days have not been damaging which is a welcomed sign. Trade accordingly.
James Surowiecki of the New Yorker talks with C.E.O. of Ford about the company’s ongoing transformation, the move toward electric cars, and the future of the automobile industry.
Airtime: Tues. Apr. 13 2010 | 8:50 AM ET
Art Cashin, director of floor operations at UBS, has the buzz from the NYSE.
Jim Paulsen, of Wells Capital Management, shares his parting shots.