Dr. Doom on the Market Fall
Airtime: Thurs. May 6 2010 | 3:14 PM ET
Discussing the fate of the markets and the impact the Greek contagion is likely to have on the rest of the world, with Nouriel Roubini, RGEmonitor.com.
Airtime: Thurs. May 6 2010 | 3:14 PM ET
Discussing the fate of the markets and the impact the Greek contagion is likely to have on the rest of the world, with Nouriel Roubini, RGEmonitor.com.
McDonald’s has restaurants in more than 100 countries, which serve than than 50 million people a day. CNBC’s Carl Quintanilla talks to CEO Jim Skinner about the fast food chain’s global reach.
President Barack Obama discusses the “illusion of prosperity” in a speech about the economy.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
Best trades in a deflationary environment, with Stuart Freeman, of Wells Fargo Advisors, and Todd Colvin, of MF Global.
The European Central Bank kept interest rates on hold as widely expected Thursday. Chris Watling, CEO of Longview Economics, considers the outlook for the European economy.
As workers struggle to find jobs and the federal government becomes more aggressive on regulation, the US economic recovery will defy trends and make choices more difficult for investors, Pimco’s Bill Gross told CNBC