Bill Gross: Blame the Rating Agencies
Airtime: Wed. May 5 2010 | 2:08 PM ET
Discussing whether America is letting the rating agencies off the hook, with William Gross, PIMCO.
Airtime: Wed. May 5 2010 | 2:08 PM ET
Discussing whether America is letting the rating agencies off the hook, with William Gross, PIMCO.
Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.
Risk of Deflation? Discussing the risk of deflation, with James Bullard, St. Louis Federal Reserve
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
US unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday. Jim Iuorio, of TJM Institutional Investors; Jerry Webman, of Oppenheimer Funds; Andrew Ross Sorkin, of the NY Times; and CNBC’s Steve Liesma discuss.
Debating whether greed is good, with Grant Cardone, “If You’re Not First, You’re Last” author, and David Mercer, Mercer & Associates.