Bill Gross: Bond King's Investment Outlook
Airtime: Wed. Jul. 28 2010 | 2:13 PM ET
Bill Gross, co-CIO and founder of Pimco, share his investment outlook with CNBC.

Airtime: Wed. Jul. 28 2010 | 2:13 PM ET
Bill Gross, co-CIO and founder of Pimco, share his investment outlook with CNBC.

“We do not contemplate the possibility of a double-dip recession… It’s not impossible, but it is not something that we think is likely,” Jose Vinals, financial counselor and director of the Monetary and Capital Markets Department from the IMF, told CNBC Thursday. Amartya Sen, author of The Idea of Justice, joined the discussion.

Insiders at Red Hat and CarMax are among the latest to trim stakes. Barrons.com’s John Kimelman reports.

It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.

Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.

Starting today, underwater homeowners will be permitted under a government program to sell their homes for less than they owe and basically force the lender to take the loss rather than foreclose on the home. Shari Olefson, of Fowler White Boggs, and Susan Wachter, a real estate professor at Wharton, discuss.

Where the markets are headed next, with James Hardesty, Hardesty Capital Management and David Hefty, Cornerstone Wealth Management.