Bove Reacts to FinReg
Airtime: Fri. Jun. 25 2010 | 7:37 AM ET
Insight on the financial regulation bill, with Richard Bove, Rochdale Securities financial strategist.
Airtime: Fri. Jun. 25 2010 | 7:37 AM ET
Insight on the financial regulation bill, with Richard Bove, Rochdale Securities financial strategist.
Pending Home Sales Down 30%.
The European Central Bank may be forced to introduce a euro zone bond in the wake of budget deficit problems from Greece and other countries, Julian Pendock from Senhouse Capital told CNBC Friday. Joshua Raymond from City Index joined the discussion.
Kirby Daley, senior strategist at the Newedge Group, is positive on Japan now that Naoto Kan is in the prime minister’s seat. He tells CNBC’s Karen Tso, Kaori Enjoji & Bernard Lo why.
“Russia has growth and Russia has money and Europe has neither,” Kingsmill Bond from Troika Dialog told CNBC Tuesday. “Russia has the capacity to support Europe clearly with its cash,” he added.
President Barack Obama discusses the role of manufacturing in the American economy and signs into law the Manufacturing Enhancement Act.
Markets are in the red after a wealth of disappointing data from pending home sales and ISM manufacturing, with Steven Ricchiuto, Mizuho Securities USA Inc. and John Canally, LPL Financial.