UK Launches New Bank Tax
The UK government unveiled a new tax on banks in its emergency budget Tuesday. David Pitt-Watson, chairman of Hermes Equity Ownership Svcs, and David Kuo from The Motley Fool have analysis.
Douple Dip or No Double Dip? The Debate Continues…
Douple Dip or No Double Dip? The Debate Continues…Discussing the outlook for stocks and the economy, with Barry Ritholtz, Fusion IQ and Michael Pento, Delta Global Advisors.
S&P About To Retest 1040 Support?
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
SEC's Top Cop
Insight on the SEC’s high-level investigations, with Robert Khuzami, SEC director of enforcement.
UK Gets Severe Emergency Budget
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
Is Kan Good for Japan?
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.
Ken Feinberg: Giving Away BP's Money
Insight on BP’s escrow account with the man put in charge of doling out BP’s cash, with Kenneth Feinberg, BP Escrow Account Administrator.
Trader Talk With Art Cashin 6.21.10
Getting the word on the street, with Art Cashin, UBS.
Meredith Whitney on FinReg, China & the Markets
We could be in for a rough second half, Meredith Whitney, CEO of the Meredith Whitney Advisory Group, told CNBC.
Can Gold Prices Continue to Rise?
Discussing how China’s yuan move will affect gold prices, with Jonathan Barratt, MD of Commodity Broking Services & Jim McCaughan, CEO of Principal Global Investors, speaking with CNBC’s Martin Soong, Sri Jegarajah & Karen Tso.