Airtime: Thurs. Jun. 10 2010 |
“The balance sheets of banks are just as bad as they were” two years ago when the crisis began and “the quality of the risks hasn’t improved,” Nassim Taleb, professor and author of the bestselling book “The Black Swan,” told CNBC on Thursday.
Why to be cautious about gold right now, with Ashraf Laidi, CMC Markets
President Barack Obama addresses auto workers at a Ford plant in Chicago, and defends his support of American car manufacturers.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
Jay Fishman, Travelers chairman and CEO, discusses the company’s earnings and outlook with CNBC.
Elin Nordegren and Tiger Woods confirmed on Monday that they have divorced. CNBC’s Darren Rovell discusses the outcome.
A reading list for Summer interns, with the Power Lunch news team.