Bernanke's Opening Remarks
Airtime: Wed. Jun. 9 2010 |
Fed Chairman Ben Bernanke testifies before the House Budget Committee.
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European Retail Participation in ETFs Only at 10%
“In the European marketplace, not withstanding that we’re ten years into this, we’re still in very, very early days,” Ted Hood, CEO of Source, creator of ETF products, said of ETFs. “In the US market, we’re seeing 50% retail participation in ETFs.”
The Yuan Debate Heats Up
Ray Attrill, global head of research at Forecast Australia, says the U.S. and China are heading for a new trade war. He speaks to Mark Konyn, CEO of RCM Asia Pacific and CNBC’s Oriel Morrison about the Obama’s Administration’s mounting pressure on Beijing.
UK Launches New Bank Tax
The UK government unveiled a new tax on banks in its emergency budget Tuesday. David Pitt-Watson, chairman of Hermes Equity Ownership Svcs, and David Kuo from The Motley Fool have analysis.
Renting vs. Buying
Adam Leitman Bailey, a real estate attorney, and Ilan Bracha, of Prudential Douglas Elliman, discuss whether it makes more sense to rent or buy in this market.
20% Yuan Rise Won't Hurt China: Roubini
20% Yuan Rise Won’t Hurt China: Roubini
Double-Dip Fears Unlikely to Fade
“Concerns over a ‘double-dip’ recession seem overdone, but fears are unlikely to fade as economic tensions linger,” Ashok Shah, the Chief Investment Officer at London & Capital, told CNBC Wednesday.
