China's Economy Cools But Still Climbs in Q2 2010
Airtime: Mon. Aug. 16 2010 | 6:46 AM ET
Slowing growth in China is raising questions of a possible policy change from the central government. Insight from Qian Wang, JPMorgan chief China economist.

Airtime: Mon. Aug. 16 2010 | 6:46 AM ET
Slowing growth in China is raising questions of a possible policy change from the central government. Insight from Qian Wang, JPMorgan chief China economist.

Going forward, Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, sees 80% of the world’s GDP growth coming from developing and emerging markets. Manwani & Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide and professor at the University of British Columbia, speak with CNBC’s Lisa Oake & Martin Soong.

“The real issue is actually Greece and the fact that they have mishandled their finances over a number of years,” David Scammell from Schroders Asset Management told CNBC Friday when discussing the potential for an EU-led bailout.

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.

“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.”

An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.

Wall Street veteran Byron Wien unveiled his 2010 surprises list four months ago. The CNBC team takes a look at how his list is doing so far.