Pimco's Bill Gross Shares Investment Outlook
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru William Gross, of Pimco, shares his view
Stiglitz on the Global Economy
Why fiscal conservatism threatens the world economy, with Joseph Stiglitz, nobel laureate & economist.
Stocks In The Red For Q2 & 2010
Wednesday, June 28, 2010 Stock Market Commentary: The major averages ended lower on the final day of the second quarter as European debt woes threatened the global economic recovery. The widespread losses coupled with the ominous technical damage effectively ended the latest confirmed rally which began with the June 15, 2010 follow-through day (FTD). Wednesday’s…
Pickens: Crude Realities
Discussing whether the BP oil spill will be the catalyst in the transition to clean energy, with Boone Pickens, BP Capital Management founder & chairman.
Sam Zell on Economic Recovery
Regaining control in spending, with Sam Zell, Equity Group Investments chairman.
Jon Corzine On FinReg
Last minute snags cropping up as lawmakers try to finish work on financial regulation reform, with Jon Corzine, MF Global chairman & CEO
Tesla Goes Public
Insight on the electric car company’s IPO, with Tesla CEO Elon Musk and CNBC’s Phil LeBeau.
Stocks Retest Support As The Dollar Advances
Tuesday’s steep sell off effectively ended the latest rally attempt and sent all the major average back down towards their recent lows. Since the June 15, 2010 follow-through day (FTD), this column has steadily noted the importance of remaining very selective and disciplined because all of the major averages are still trading below their downward sloping 50-day moving average (DMA) lines. Looking forward, the 50 DMA line may act as stubborn resistance and this month’s lows should act as support. It is also worrisome to see the 50 DMA line already slice below the 200 DMA line on the NYSE. This event is known by market technicians as a death cross and usually has bearish implications. Trade accordingly.
Sarhan In The Media: (Market Watch) US Stocks Tumble As Investors Flee To Safety; DJIA Off 242
Sarhan In The Media: (Market Watch) US Stocks Tumble As Investors Flee To Safety; DJIA Off 242
Crisis Economics- Nouriel Roubini
Discussing whether the recession is headed for a double-dip, with Nouriel Roubini, Roubini Global Economics chairman.