Crescenzi's Final Thoughts
Airtime: Fri. Aug. 27 2010 | 8:58 AM ET
Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.
Airtime: Fri. Aug. 27 2010 | 8:58 AM ET
Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.
Everybody is so bearish about the euro that it looks like now is a good time to buy the single European currency, Jim Rogers, chairman of Rogers Holdings, told CNBC Thursday. The only big bull markets Rogers sees in the next decade is commodities and he suggests having real assets such as cotton, silver and natural gas for protection in these markets.
Japan’s economy slowed sharply in the second quarter with GDP missing forecasts. Jesper Koll, managing director & head of Japanese equity research at JPMorgan Securities Japan, tells CNBC’s Kaori Enjoji that this is a clear indication the country remains ensnared in deflation.
Discussing the politics driving the gold wave, with Robert Reich, UC Berkeley and Sen. Judd Gregg, (R-NH).
CNBC’s Rick Santelli has the breakdown of the economic data and analysis with Tony Crescenzi, Pimco senior VP/market strategist & portfolio manager; Barry Knapp, Barclays PLC head of U.S. portfolio strategy; Frederic Mishkin former Federal Reserve Board governor and CNBC’s Steve Liesman.
Insight on whether HP and Dell are overpaying for the company, with Stephanie Link, TheStreet.com; Rick Munarriz, The Motley Fool and CNBC’s Herb Greenberg.
Discussing the worst trade of an otherwise stellar career, with Steve Schwarzman, Blackstone Group’s chairman, CEO & co-founder.