Econ Analysis: Durable Goods, Jobless Claims 2.25.10
Airtime: Thurs. Feb. 25 2010 |
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
Airtime: Thurs. Feb. 25 2010 |
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
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.
Concluding thoughts on the market and economy, with Tony Crescenzi, PIMCO.
CNBC’s Larry Kudlow discusses his one on one interview with Treasury Secretary Timothy Geithner.
Mutual fund legend John Bogle, founder of the Vanguard Group, shares his market outlook and discusses financial regulatory reform with CNBC.
Hungary is definitely not in the same position on its debt as Greece, Economy Minister Gyorgy Matolcsy told CNBC. The new government will keep the budget deficit at 3.8 percent of gross domestic product, Matolcsy pledged.