Bill Gross on Bonds, Stocks & Housing
Airtime: Wed. Aug. 25 2010 | 2:14 PM ET
Bill Gross, founder of Pimco, shares his outlook on stocks, bonds and the housing market.
Airtime: Wed. Aug. 25 2010 | 2:14 PM ET
Bill Gross, founder of Pimco, shares his outlook on stocks, bonds and the housing market.
President Barack Obama signs the jobs bill, which is supposed to give payroll tax breaks to businesses that hire the unemployed.
Home Prices Slip. Why a drop in housing prices was expected, but not this early, with CNBC’s Diana Olick; Shari Olefson, real estate attorney; and Alex Charfen, Distressed Property Institute CEO.
The world’s biggest car-makers rev up for the auto show in New York, with Paul Ingrassia, former Wall Street Journal Detroit bureau chief.
Insight on the markets, with Art Cashin, UBS.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
Quantitative easing is not going to work, warns Stephen Roach, non-executive chairman at Morgan Stanley Asia. In this First On CNBC interview, he tells CNBC’s Chloe Cho why, as well as if capital controls will help or hamper the global recovery.