Bill Gross on the "New Normal"
Airtime: Wed. Jun. 16 2010 | 1:07 PM ET
Pimco’s Bill Gross the so-called “new normal” with CNBC.
Airtime: Wed. Jun. 16 2010 | 1:07 PM ET
Pimco’s Bill Gross the so-called “new normal” with CNBC.
The Bank of England left interest rates and its quantitative easing program unchanged Thursday, as expected. Lothar Mentel, CIO from Octopus Investments, and Anthony Gibbs from Vantage Capital Markets, discuss the outlook.
Roach: US Jobless Rate Actually Stands at 11.5%.Official data showed U.S. jobless rate in February remain unchanged at 9.7% but Stephen Roach, Asia chairman at Morgan Stanley, believes the real number actually stands at 11.5%. He explains why this discrepancy, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
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.
Anticipating a busy week on the jobs & housing front, with Ward McCarthy, Jefferies, and Cameron Findlay, LendingTree.com.
CNBC’s Jim Goldman discusses reports that Apple is getting ready to release a new phone that will work on Verizon’s network.
President Barack Obama discusses a small business jobs bill.