Ignore Good News During Crisis
During a crisis, there will often be “crumbs of comfort” from economic data, but these should be ignored, Moorad Choudhry from London Metropolitan University told CNBC Friday.
During a crisis, there will often be “crumbs of comfort” from economic data, but these should be ignored, Moorad Choudhry from London Metropolitan University told CNBC Friday.
President Obama makes comments on financial regulation progress in the Senate.
CFTC Chairman Gary Gensler offers his opening statement on the events that led up to May 6th’s “Flash Crash” to a Senate committee.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
Examining a new controversial proposal to open a new derivatives market that would allow investors to bet on box office futures, with CNBC’s Julia Boorstin and Howard Lutnick, Cantor Fitzgerald chairman/CEO.
Treasury Secretary Timothy Geithner discusses the German ban on short selling and the steps Europe is taking toward economic and financial reform. He also discusses U.S. contingency plans in the event European aid falls through with CNBC’s Erin Burnett.
Glenn Dubin, Highbridge Capital Mgmt. co-founder & CEO, discusses the US economy and the German ban on short selling, with CNBC’s David Faber.
Treasury Secretary Timothy Geithner talks about exports and the growth of the US economy, as well as the job increases he expects to see in the next year, with CNBC’s Erin Burnett.
Getting a check on inflation, with CNBC’s Rick Santelli.
Discussing the road ahead with Mark Hurd, Hewlett Packard chairman/CEO.