Blackrock's Doll: Abating Market Ambiguities
Airtime: Mon. Aug. 2 2010 | 7:20 AM ET
Insight on where the markets are headed, with Robert Doll, BlackRock vice chairman.
Airtime: Mon. Aug. 2 2010 | 7:20 AM ET
Insight on where the markets are headed, with Robert Doll, BlackRock vice chairman.
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.
Erik Neilsen, chief European economist at Goldman Sachs, says the Greek contagion will be contained.
President Obama names Solicitor General Elena Kagan to the Supreme Court of the United States.
Insight on the state of the economy and markets, with Byron Wien, Blackstone Advisory.
We are more concerned about rate rises in China than the Greece contagion risks, says Craig Irvine, co-head of regional research at Daiwa Capital Markets. He speaks to CNBC’s Karen Tso and Martin Soong about his outlook for Asian markets.
Hungary is definitely not in the same position on its debt as Greece, Economy Minister Gyorgy Matolcsy told CNBC. The new government will keep the budget deficit at 3.8 percent of gross domestic product, Matolcsy pledged.