FDIC's Bair on Banks
FDIC Chairman Sheila Bair discusses the health of the banking industry with CNBC’s Maria Bartiromo.
FDIC Chairman Sheila Bair discusses the health of the banking industry with CNBC’s Maria Bartiromo.
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
Ken Langone, CEO of Invemed and co-founder of Home Depot, shares his parting shots.
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
The fact that there has only been two distribution days since the follow-though-day (FTD) bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to proactively be buying high quality breakouts meeting the investment system guidelines. Trade accordingly.
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
“This year we are expecting moderate growth… The discovery we made last year was that export dependence is also vulnerability,” Danilo Turk, the president of Slovenia, told CNBC Friday. The recent weakness of the euro is a good thing for Slovenia, he added.
“Letting Greece down would have been similar to the mistake of letting Lehman Brothers down at the time,” Hungarian Prime Minister Gordon Bajnai told CNBC Friday after a deal was reached to backstop the country’s debt
The fact that there has only been two distribution days since the follow-though-day (FTD) bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to proactively be buying high quality breakouts meeting the investment system guidelines. Trade accordingly.