Double Dip Recession Ahead? 3.3.10
Airtime: Wed. Mar. 3 2010 |
Are we headed toward a double dip recession? Diane Swonk, of Mesirow Financial, and CNBC’s Steve Liesman discuss.

Airtime: Wed. Mar. 3 2010 |
Are we headed toward a double dip recession? Diane Swonk, of Mesirow Financial, and CNBC’s Steve Liesman discuss.

“I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation,” Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, told CNBC Thursday. Faber also said that the Chinese economy will slow down, but avoid a crash.

Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.

Lloyd Blankfein, CEO of Goldman Sachs speaks with CNBC’s David Faber about the shareholders meeting, his testimony in front of Congress and the outlook for the company.

The European Central Bank left its core interest rate on hold at 1.0% Thursday. Karsten Junius from DekaBank, Brendan Brown from Mitsubishi UFJ Securities International and Neil MacKinnon from VTB Capital discuss the outlook for Europe.

The days of a family expecting to use their returns from investments to fund their retirement or pay for their kids’ college educations are over, says Bill Gross, co-CIO and founder of PIMCO.

Paul Goldberger critiques the new Goldman Sachs building in Manhattan.